Bridge Education

Analysis

Bridge Education is a registered charity in United States, based in Sierra Madre, CA. It received its IRS tax-exemption ruling in February 2018, 8 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 Education reported income of $1.3m and spending of $1.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $468k to $1.3m (+179%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridge Education sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Morgantown Early Learning Facility Inc ($1.3m), Hanger Hall School Inc ($1.3m) and Academy of Interactive Entertainment ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $657k (50% of expenses). At year end it held assets of $465k against liabilities of $74k, net assets of $391k.