Bridging Independent Living Together Inc

Analysis

Bridging Independent Living Together Inc is a registered charity in United States, based in Woburn, MA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Bridging Independent Living Together Inc reported income of $956k and spending of $898k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $22k to $956k (+4246%), an average of +157% a year. The sharpest change came in the year to December 2020, when income rose by 333%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bridging Independent Living Together Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Slate Creek RHF Housing Inc ($955k), 1010 Senior Housing Corporation ($956k) and Christian Care ($955k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 94% of the total. Other salaries and wages came to $515k. At year end it held assets of $127k against liabilities of $0, net assets of $127k. It reported 35 employees.