Bridge His Grace Ministry Inc

Analysis

Bridge His Grace Ministry Inc is a registered charity in United States, based in South Houston, TX. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 2022, Bridge His Grace Ministry Inc reported income of $69k and spending of $72k, spending 103% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $9,527 to $69k (+627%), an average of +170% a year. The sharpest change came in the year to December 2021, when income rose by 1187%. Over the whole period it spent 129% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bridge His Grace Ministry Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include International Living Stone ($69k), Freedom Center Ministries Inc ($69k) and Tanya - Jewish Mindfulness Center Inc ($69k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 1.9% of the total. At year end it held assets of $4,696 against liabilities of $83k, net assets of -$79k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.