Bridgemakers

Analysis

Bridgemakers is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in December 2023, 3 years ago. 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 June 2023, Bridgemakers reported income of $633k and spending of $701k, spending 111% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $83k to $633k (+666%), an average of +177% a year. The sharpest change came in the year to June 2022, when income rose by 566%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bridgemakers sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within MN. Charities of a similar size with the same main cause include Manning Community Foundation ($633k), Servicemember Agricultural Vocation Education Corp ($633k) and Institute for Natural Medicine ($633k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.8% of the total. Compensation of current officers, directors and key employees was $73k (10% of expenses). It paid $880 in professional fundraising fees. At year end it held assets of $49k against liabilities of $6,950, net assets of $42k.