Bridgewater Area Community Fouindation Inc

Analysis

Bridgewater Area Community Fouindation Inc is a registered charity in United States, based in Bridgewater, VT. It received its IRS tax-exemption ruling in November 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 2021, Bridgewater Area Community Fouindation Inc reported income of $194k and spending of $76k, leaving 61% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $267k to $194k (-27%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 19%. Over the whole period it spent 31% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridgewater Area Community Fouindation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 44th percentile within VT. Charities of a similar size with the same main cause include Rembert Area Community Coalition ($194k), Manna Ministry of Tidewater ($194k) and Community Stepping Stones Inc ($194k).

On its Form 990-EZ for the period ending December 2021, revenue came from contributions and grants 99% of the total. At year end it held assets of $488k against liabilities of $4,232, net assets of $484k.