Bridgeyear

Analysis

Bridgeyear is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 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 June 2024, Bridgeyear reported income of $3.2m and spending of $2.4m, leaving 25% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $93k to $3.2m (+3370%), an average of +103% a year. The sharpest change came in the year to June 2020, when income rose by 1307%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridgeyear sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Shiloh Christian Childrens Ranch Inc ($3.2m), Napa Valley Support Services ($3.2m) and Red River Valley Community Action ($3.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $147k (6.1% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.3m against liabilities of $87k, net assets of $3.2m. It reported 39 employees.