Bridge to One

Analysis

Bridge to One is a registered charity in United States, based in Lockhart, TX. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Bridge to One reported income of $2.0m and spending of $938k, leaving 52% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $4.7m to $2.0m (-59%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 30% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridge to One sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Centro Latino de San Francisco ($2.0m), Resource Center for Accessible Living Inc ($2.0m) and Task Force on Domestic Violence Hope Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $73k (7.8% of expenses). Other salaries and wages came to $174k. At year end it held assets of $7.0m against liabilities of $86k, net assets of $6.9m.