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Muskogee Bridges Out of Poverty Inc

RegisteredEIN 84-2575716Muskogee, OKPoverty relief
Income$428k2023-06
Spending$402ksame year
Spent / received97%4-year average
Size in its cause62nd pctPoverty relief
Exempt since2020Publicly supported organisat
Employees19latest return

Analysis

Muskogee Bridges Out of Poverty Inc is a registered charity in United States, based in Muskogee, OK. It received its IRS tax-exemption ruling in January 2020, 6 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 2023, Muskogee Bridges Out of Poverty Inc reported income of $428k and spending of $402k, spending 94% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $316k to $428k (+35%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Muskogee Bridges Out of Poverty Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within OK. Charities of a similar size with the same main cause include Bastrop Hope House ($428k), Operation Veterans Assistance & Humanitarian Aid ($428k) and Ruths Gleanings ($428k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $216k. At year end it held assets of $87k against liabilities of $14k, net assets of $73k. It reported 19 employees.

Income and spending

$0$107k$214k$321k$428k2020 Income: $315,9142020 Spending: $332,35220202021 Income: $405,8422021 Spending: $317,65920212022 Income: $339,7262022 Spending: $386,95120222023 Income: $428,0172023 Spending: $401,5822023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Bastrop Hope HouseBastrop$428k
Operation Veterans Assistance & Humanitarian AidWenatchee$428k
Ruths GleaningsSpartanburg$428k
Abuse Counseling and Education IncLafayette$428k