Bridge Educational Foundation

Analysis

Bridge Educational Foundation is a registered charity in United States, based in Lowell, OR. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Bridge Educational Foundation reported income of $5.8m and spending of $5.5m, spending 95% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $2.8m to $5.8m (+105%), an average of +27% a year. The sharpest change came in the year to June 2021, when income rose by 110%. Over the whole period it spent 90% 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 94th percentile within OR. Charities of a similar size with the same main cause include Pioneer Preparatory School- a Challenge Foundation Academy Inc ($5.8m), Reaching All Minds Academy Inc ($5.8m) and Kings Classical Academy Inc ($5.8m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 15% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $50k (0.9% of expenses). Other salaries and wages came to $317k. At year end it held assets of $3.2m against liabilities of $605k, net assets of $2.6m. It reported 1 employees.