Bridge Educational Philanthropy

Analysis

Bridge Educational Philanthropy is a registered charity in United States, based in Oakman, AL. It received its IRS tax-exemption ruling in March 2022, 4 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 (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, Bridge Educational Philanthropy reported income of $107k and spending of $78k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $107k (+59%), an average of +59% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 68% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bridge Educational Philanthropy sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within AL. Charities of a similar size with the same main cause include Global Partners Running Waters Inc ($107k), Sobe Room Inc ($108k) and Foothills Service League ($107k).

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 $63k against liabilities of $0, net assets of $63k.