Bridges Child Placement Agency

Analysis

Bridges Child Placement Agency is a registered charity in United States, based in Pueblo, CO. It received its IRS tax-exemption ruling in August 2002, 24 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 June 2024, Bridges Child Placement Agency reported income of $530k and spending of $606k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $981k to $530k (-46%), an average of -14% a year. The sharpest change came in the year to June 2022, when income dropped by 27%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridges Child Placement Agency sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within CO. Charities of a similar size with the same main cause include Nurturing Center Inc ($530k), Angelacares Inc ($530k) and Finding Hope Ministries ($530k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $221k (36% of expenses). Other salaries and wages came to $54k. At year end it held assets of $1.1m against liabilities of $260k, net assets of $872k. It reported 4 employees.