Bostons Bridge to Excellence Inc

Analysis

Bostons Bridge to Excellence Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2021, Bostons Bridge to Excellence Inc reported income of $105k and spending of $138k, spending 131% of what it took in. Across the 3 years on record, from August 2019 to August 2021, income fell from $352k to $105k (-70%), an average of -45% a year. The sharpest change came in the year to August 2020, when income rose by 145%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bostons Bridge to Excellence Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Rileys Army Inc ($105k), About Behavioral Change Ltd ($105k) and Texas Governors Mansion Greenhouse Project ($105k).

On its Form 990 for the period ending August 2021, revenue came from program service revenue 87% of the total. Compensation of current officers, directors and key employees was $12k (8.7% of expenses). Other salaries and wages came to $5,328. At year end it held assets of $111k against liabilities of $227k, net assets of -$115k. It reported 33 employees.