Building Equal Bridges Inc

Analysis

Building Equal Bridges Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Building Equal Bridges Inc reported income of $69k and spending of $32k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $69k (+10%), an average of +10% a year. Over the whole period it spent 57% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Building Equal Bridges Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within KY. Charities of a similar size with the same main cause include Kado Inc ($69k), Kent Rotary Foundation ($69k) and Society of Radiologists in Ultrasound Foundation ($69k).

At year end it held assets of $72k against liabilities of $0, net assets of $72k.