Bridge Ministry Inc

Analysis

Bridge Ministry Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in December 2022, 4 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, Bridge Ministry Inc reported income of $200k and spending of $126k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $200k (+547%), an average of +546% a year. The sharpest change came in the year to December 2023, when income rose by 547%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bridge Ministry Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Word Game Players Organization ($200k), East River Foster Parent Network ($200k) and World Academy of Development ($200k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $50k (40% of expenses). At year end it held assets of $94k against liabilities of $0, net assets of $94k. It reported 1 employees.