Bridges NJ Inc

Analysis

Bridges NJ Inc is a registered charity in United States, based in Jackson, NJ. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bridges NJ Inc reported income of $689k and spending of $576k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $388k to $689k (+78%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridges NJ Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within NJ. Charities of a similar size with the same main cause include Love Lived Charity Inc ($689k), Adoption Advocates Inc ($689k) and Empower Grieving Children Inc ($689k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $44k (7.6% of expenses). Other salaries and wages came to $279k. At year end it held assets of $439k against liabilities of $352k, net assets of $86k. It reported 8 employees.