Ivory Bridges Foundation

Analysis

Ivory Bridges Foundation is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in June 2020, 6 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 December 2023, Ivory Bridges Foundation reported income of $129k and spending of $120k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $232k to $129k (-45%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ivory Bridges Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within WY. Charities of a similar size with the same main cause include Herndon High School Band Parents Association ($129k), Alabama Honduran Medical Educational Network ($129k) and Oxbow Creek Home & School Association ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $325k against liabilities of $0, net assets of $325k.