Bridge of Hope Ministries

Analysis

Bridge of Hope Ministries is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Bridge of Hope Ministries reported income of $317k and spending of $200k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $204k to $317k (+55%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bridge of Hope Ministries sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within MO. Charities of a similar size with the same main cause include Bonnie Floyd Ministries ($316k), Churches Touching Lives for Christ ($317k) and Christian Campus Fellowship at Uga Inc ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $61k (30% of expenses). Other salaries and wages came to $36k. At year end it held assets of $212k against liabilities of $4,310, net assets of $208k. It reported 3 employees.