Bridges of Change

Analysis

Bridges of Change is a registered charity in United States, based in New Kent, VA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bridges of Change reported income of $139k and spending of $128k, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $266k to $139k (-48%), an average of -20% a year. The sharpest change came in the year to December 2021, when income dropped by 41%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridges of Change sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within VA. Charities of a similar size with the same main cause include Gods Homeless Haven Inc ($138k), LTC ($139k) and East Suburban Citizen Advocacy Inc ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $73k. At year end it held assets of $111k against liabilities of $0, net assets of $111k. It reported 7 employees.