Bridges Community Resource Network Inc

Analysis

Bridges Community Resource Network Inc is a registered charity in United States, based in Soldotna, AK. It received its IRS tax-exemption ruling in April 1997, 29 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 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, Bridges Community Resource Network Inc reported income of $1.4m and spending of $1.3m, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $833k to $1.4m (+64%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bridges Community Resource Network Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within AK. Charities of a similar size with the same main cause include Federation Housing Foundation Inc ($1.4m), Nape Expo Charities Fund ($1.4m) and Occf Supporting Organization ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $53k. At year end it held assets of $741k against liabilities of $0, net assets of $741k. It reported 8 employees.