El Puente the Bridge

Analysis

El Puente the Bridge is a registered charity in United States, based in Breckenridge, CO. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, El Puente the Bridge reported income of $79k and spending of $75k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $79k (+3.8%), an average of +3.8% a year. Over the whole period it spent 103% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, El Puente the Bridge sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 27th percentile within CO. Charities of a similar size with the same main cause include Kiwanis Club of Chinatown Foundation Inc ($79k), Avon Grove Lions Club Inc ($79k) and Community Empowering LA ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.