Bridges Oregon
Analysis
Bridges Oregon is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in February 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 June 2023, Bridges Oregon reported income of $495k and spending of $528k, spending 107% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $333k to $495k (+49%), an average of +49% a year. The sharpest change came in the year to June 2023, when income rose by 49%. 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, Bridges Oregon sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OR. Charities of a similar size with the same main cause include East Boston Community Soup Kitchen Inc ($495k), Ginnys Helping Hand Inc ($495k) and Dharma Voyage Inc ($495k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $49k (9.3% of expenses). Other salaries and wages came to $189k. At year end it held assets of $130k against liabilities of $4,900, net assets of $125k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Program services 8.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| East Boston Community Soup Kitchen Inc | Boston | $495k |
| Ginnys Helping Hand Inc | Leominster | $495k |
| Dharma Voyage Inc | Westport | $495k |
| House of Neighborly Service - Monroe County Il | Waterloo | $495k |