Bridge Educational Foundation

Analysis

Bridge Educational Foundation is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in March 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Bridge Educational Foundation reported income of $5.6m and spending of $5.5m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.3m to $5.6m (+141%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 79%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridge Educational Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within PA. Charities of a similar size with the same main cause include New American Academy Charter School ($5.6m), Marshall High School ($5.6m) and Galaxy Education Inc ($5.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $117k (2.1% of expenses). Other salaries and wages came to $142k. At year end it held assets of $4.7m against liabilities of $3.6m, net assets of $1.0m. It reported 3 employees.