Bridge East Temple Foundation

Analysis

Bridge East Temple Foundation is a registered charity in United States, based in Temple, TX. It received its IRS tax-exemption ruling in October 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 East Temple Foundation reported income of $158k and spending of $177k, spending 111% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $249k to $158k (-36%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridge East Temple Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Masmid Govoha TR ($158k), Piedmont Forest School ($158k) and Parent Teacher Assoc of Public School 1 Inc ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $85k (48% of expenses). Other salaries and wages came to $5,033. At year end it held assets of $434k against liabilities of $73, net assets of $434k. It reported 4 employees.