Bridge Property Management Company
Analysis
Bridge Property Management Company is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Bridge Property Management Company reported income of $15.9m and spending of $15.9m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.9m to $15.9m (+129%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 100% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bridge Property Management Company 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 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Century Affordable Development Inc ($15.9m), Housing Development Corporation Midatlantic ($15.9m) and Columbus House ($15.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 62% of the total. Other salaries and wages came to $4.7m. At year end it held assets of $1.3m against liabilities of $1.3m, net assets of $8,910. It reported 427 employees.
Income and spending
Where the income comes from
- Contributions & grants 38%
- Program services 62%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Century Affordable Development Inc | Culver City | $15.9m |
| Housing Development Corporation Midatlantic | Lancaster | $15.9m |
| Columbus House | New Haven | $15.8m |
| Irc II Inc | Omaha | $16.0m |