Calm Water Bridge

Analysis

Calm Water Bridge is a registered charity in United States, based in Palmdale, CA. It received its IRS tax-exemption ruling in February 2020, 6 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 2021, Calm Water Bridge reported income of $54k and spending of $950, leaving 98% of income unspent that year. Across the 2 years on record, from December 2020 to December 2021, income fell from $71k to $54k (-25%), an average of -25% a year. The sharpest change came in the year to December 2021, when income dropped by 25%. Over the whole period it spent 14% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Calm Water Bridge sits at the 12th percentile: it is larger than about 12% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Community Apartments Corporation of Rutherford County 2 ($54k), Laurel Trace Inc ($54k) and Ross Creek Housing Phase II Inc ($54k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $232k against liabilities of $0, net assets of $232k.