Inclusionbridge Inc

Analysis

Inclusionbridge Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover employment, 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, Inclusionbridge Inc reported income of $126k and spending of $85k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $126k (+166%), an average of +166% a year. The sharpest change came in the year to December 2023, when income rose by 166%. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Inclusionbridge Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within CT. Charities of a similar size with the same main cause include Community Growth Foundation ($126k), Grosse Pointe Rotary Foundation ($126k) and Womans Club of Morristown ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 90% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.