Brides Foundation

Analysis

Brides Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in October 2017, 9 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 December 2023, Brides Foundation reported income of $2.2m and spending of $2.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $2.2m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 29%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brides Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within OR. Charities of a similar size with the same main cause include Early Learning Center Inc ($2.2m), Help to Home Inc ($2.2m) and Committee on Church Cooperation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $134k (6.1% of expenses). Other salaries and wages came to $673k. At year end it held assets of $2.6m against liabilities of $700k, net assets of $1.9m. It reported 38 employees.