Bridgeview Housing

Analysis

Bridgeview Housing is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in July 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bridgeview Housing reported income of $3.2m and spending of $3.4m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $3.2m (+97%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 313%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bridgeview Housing sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WA. Charities of a similar size with the same main cause include Davis Family Foundation ($3.2m), Safelight Inc ($3.2m) and Athenaeum Foundation Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.4% of the total. Other salaries and wages came to $599k. At year end it held assets of $3.3m against liabilities of $336k, net assets of $2.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.