Bridging Tech Charitable Fund

Analysis

Bridging Tech Charitable Fund is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in June 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 December 2023, Bridging Tech Charitable Fund reported income of $255k and spending of $353k, spending 139% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $273k to $255k (-6.7%), an average of -3.4% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridging Tech Charitable Fund sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Oko Urban Farms Inc ($255k), Chapman Learning Center Inc New Corp ($255k) and North Country Honor Flight Inc ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $72k. At year end it held assets of $55k against liabilities of $0, net assets of $55k. It reported 1 employees.