Bridge Foundry Inc

Analysis

Bridge Foundry Inc is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Foundry Inc reported income of $182k and spending of $109k, leaving 40% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income fell from $226k to $182k (-19%), an average of -10% a year. The sharpest change came in the year to December 2023, when income rose by 305%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridge Foundry Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include The Sebastian River High School Band Boosters Inc ($182k), Kidz Clubhouse ($182k) and National Ebs Association ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $135k against liabilities of $526, net assets of $134k.