Community Bridges

Analysis

Community Bridges is a registered charity in United States, based in Watsonville, CA. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2023, Community Bridges reported income of $24.2m and spending of $20.1m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.6m to $24.2m (+55%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Bridges sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Stone Belt Arc Inc ($24.2m), Latino Community Foundation ($24.2m) and Mainstream Living Inc Stuart Ambrose ($24.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 91% and program service revenue 8.1% of the total. Compensation of current officers, directors and key employees was $267k (1.3% of expenses). Other salaries and wages came to $7.8m. It paid $20k in professional fundraising fees. At year end it held assets of $22.4m against liabilities of $8.9m, net assets of $13.5m. It reported 203 employees.