Bridge Regional Partners Inc

Analysis

Bridge Regional Partners Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 1994, 32 years ago. 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 Regional Partners Inc reported income of $95k and spending of $270k, spending 283% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $355k to $95k (-73%), an average of -28% a year. The sharpest change came in the year to December 2021, when income rose by 199%. Over the whole period it spent 176% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bridge Regional Partners Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Chicago Tyagaraja Utsavam ($95k), Poppy Reserve Mojave Desert Interpretive Association ($95k) and Stoughton Youth Athletic Club Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $17.2m against liabilities of $18.5m, net assets of -$1.3m.

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.