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Bridges Oregon

RegisteredEIN 82-2053319Salem, ORPoverty relief
Income$495k2023-06
Spending$528ksame year
Spent / received86%2-year average
Size in its cause65th pctPoverty relief
Exempt since2018Publicly supported organisat
Employees3latest return

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

$0$132k$264k$396k$528k2022 Income: $333,1802022 Spending: $181,74120222023 Income: $494,9422023 Spending: $527,8322023
IncomeSpending

Where the income comes from

  • Contributions & grants 91%
  • Program services 8.9%

Similar-sized charities, same cause

CharityLocationIncome
East Boston Community Soup Kitchen IncBoston$495k
Ginnys Helping Hand IncLeominster$495k
Dharma Voyage IncWestport$495k
House of Neighborly Service - Monroe County IlWaterloo$495k