Bridge Center Recovery

Analysis

Bridge Center Recovery is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in August 2018, 8 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, Bridge Center Recovery reported income of $841k and spending of $664k, leaving 21% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $437k to $841k (+93%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 66% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridge Center Recovery sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within SC. Charities of a similar size with the same main cause include Street Cat Hub ($841k), Guadalupe Valley Family Violence Shelter Incorporated ($841k) and The Disability Resource Center of the Rappahannock Area Inc ($841k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $54k (8.2% of expenses). Other salaries and wages came to $88k. At year end it held assets of $1.3m against liabilities of $322k, net assets of $949k. It reported 5 employees.