College Bridge Cafe Inc

Analysis

College Bridge Cafe Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in May 2019, 7 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 June 2023, College Bridge Cafe Inc reported income of $534k and spending of $493k, spending 92% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $319k to $534k (+67%), an average of +67% a year. The sharpest change came in the year to June 2023, when income rose by 67%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, College Bridge Cafe Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include John Xxiii Montessori Childrens Center Inc ($534k), Roadrunner Child Development Inc ($534k) and Friends of Cetys Foundation ($534k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $139k (28% of expenses). Other salaries and wages came to $157k. At year end it held assets of $147k against liabilities of $39k, net assets of $107k. It reported 9 employees.