Bridge Elementary

Analysis

Bridge Elementary is a registered charity in United States, based in Roy, UT. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bridge Elementary reported income of $5.4m and spending of $5.0m, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $470k to $5.4m (+1051%), an average of +126% a year. The sharpest change came in the year to June 2021, when income rose by 865%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridge Elementary sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within UT. Charities of a similar size with the same main cause include Educational Policy Improvement Center ($5.4m), Rockbridge Academy Inc ($5.4m) and Mount Auburn Preparatory Academy ($5.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.0% of the total. At year end it held assets of $14.3m against liabilities of $14.4m, net assets of -$70k.