Shirley Bridge Bungalows

Analysis

Shirley Bridge Bungalows is a registered charity in United States, based in Tukwila, WA. It received its IRS tax-exemption ruling in June 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Shirley Bridge Bungalows reported income of $68k and spending of $114k, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $33k to $68k (+107%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 108%. Over the whole period it spent 147% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shirley Bridge Bungalows sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 21st percentile within WA. Charities of a similar size with the same main cause include Kiamichi Place Senior Housing Inc ($68k), Genesis House Inc ($68k) and Ten Cross Street Corporation ($68k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $698k against liabilities of $539k, net assets of $159k.

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.