Boston Bridges Initiative

Analysis

Boston Bridges Initiative is a registered charity in United States, based in Bedford, MA. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boston Bridges Initiative reported income of $156k and spending of $114k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $161k to $156k (-3.5%), an average of -3.5% a year. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Boston Bridges Initiative sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Sonoma Valley Rotary Service Fund Foundation ($156k), Schoharie Free Library Association ($156k) and Nordonia Hills School District Band-Aides ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $248k against liabilities of $0, net assets of $248k.