Bridge of Love and Peace Inc

Analysis

Bridge of Love and Peace Inc is a registered charity in United States, based in Orangeburg, NY. It received its IRS tax-exemption ruling in April 2019, 7 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 April 2024, Bridge of Love and Peace Inc reported income of $878k and spending of $1.1m, spending 127% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $599k to $878k (+47%), an average of +10% a year. The sharpest change came in the year to April 2022, when income rose by 78%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridge of Love and Peace Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Berkeley Seniors Inc ($878k), Ohio County & Independent Fairs Hardin County ($878k) and Operation Provider ($878k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $313k (28% of expenses). Other salaries and wages came to $167k. At year end it held assets of $164k against liabilities of $191k, net assets of -$27k. It reported 18 employees.