Bridges Project for Education

Analysis

Bridges Project for Education is a registered charity in United States, based in Taos, NM. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Bridges Project for Education reported income of $209k and spending of $163k, leaving 22% of income unspent that year. Across the 3 years on record, from July 2021 to July 2023, income fell from $231k to $209k (-9.3%), an average of -4.7% a year. The sharpest change came in the year to July 2023, when income dropped by 20%. Over the whole period it spent 69% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridges Project for Education sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within NM. Charities of a similar size with the same main cause include Plumbing Heating Cooling Contractors Education Foundation ($209k), American Preparatory Education Foundation ($209k) and Riverside Educational Enrichment Foundation ($209k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $108k. At year end it held assets of $273k against liabilities of $2,840, net assets of $270k. It reported 3 employees.