Bridging Cultural Gaps

Analysis

Bridging Cultural Gaps is a registered charity in United States, based in Tukwila, WA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Bridging Cultural Gaps reported income of $467k and spending of $472k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $268k to $467k (+74%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 89%. Over the whole period it spent 95% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bridging Cultural Gaps sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within WA. Charities of a similar size with the same main cause include Harrisburg Area Riverboat Society ($467k), Rainier Club Historic Foundation ($467k) and International Association of Wildland Fire ($467k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $160k (34% of expenses). Other salaries and wages came to $192k. At year end it held assets of $56k against liabilities of $0, net assets of $56k.