Bridlemile Foundation

Analysis

Bridlemile Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in September 1994, 32 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Bridlemile Foundation reported income of $147k and spending of $109k, leaving 26% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $209k to $147k (-30%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bridlemile Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within OR. Charities of a similar size with the same main cause include Newark Organization for the Creative Arts ($147k), Cashmere Community Coffee House ($147k) and Iaf Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $180k against liabilities of $0, net assets of $180k.