Shelbys Bridge

Analysis

Shelbys Bridge is a registered charity in United States, based in Sudan, TX. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Shelbys Bridge reported income of $336k and spending of $273k, spending 81% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $164k to $336k (+105%), an average of +20% a year. The sharpest change came in the year to October 2021, when income rose by 97%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shelbys Bridge sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Refresh Frisco ($336k), Payette Land Trust Inc ($336k) and The Rhode Island Public Health Association ($336k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 62% and program service revenue 8.4% of the total. Compensation of current officers, directors and key employees was $111k (40% of expenses). Other salaries and wages came to $53k. At year end it held assets of $368k against liabilities of $76k, net assets of $291k. It reported 10 employees.