Bridgeway Community Foundation

Analysis

Bridgeway Community Foundation is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in August 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bridgeway Community Foundation reported income of $793k and spending of $63k, leaving 92% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $1.1m to $793k (-27%), an average of -15% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 3.1% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bridgeway Community Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OR. Charities of a similar size with the same main cause include Union Hospital of Cecil County Oncology Inc ($793k), Hemato Institute Inc ($793k) and Compassion Cila Homes Inc ($793k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $46k. At year end it held assets of $2.4m against liabilities of $12k, net assets of $2.3m.