Bridging Grace

Analysis

Bridging Grace is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Bridging Grace reported income of $92k and spending of $102k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $112k to $92k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridging Grace sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Mitchell County Children and Youth Inc ($92k), Apple Springs Senior Citizens Inc ($92k) and White Oaks Sanctuary ($92k).

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 $19k against liabilities of $1,383, net assets of $18k.