Bridgercare

Analysis

Bridgercare is a registered charity in United States, based in Bozeman, MT. It received its IRS tax-exemption ruling in November 1976, 50 years ago. 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 June 2023, Bridgercare reported income of $5.9m and spending of $6.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.5m to $5.9m (+139%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 77%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bridgercare sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within MT. Charities of a similar size with the same main cause include American Association of Gynecological Laparoscopists Inc ($5.9m), Enterprise Minnesota Inc ($5.9m) and United Pioneer Home Inc ($5.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $232k (3.9% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $5.1m against liabilities of $309k, net assets of $4.8m. It reported 45 employees.