Peninsula Bridge Program

Analysis

Peninsula Bridge Program is a registered charity in United States, based in San Mateo, CA. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable 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 June 2023, Peninsula Bridge Program reported income of $5.5m and spending of $4.9m, spending 89% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $3.8m to $5.5m (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 324%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peninsula Bridge Program sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Valley Nursing & Rehabilitation Center ($5.5m), Arlington Free Clinic Inc ($5.5m) and Grace Brethren Village Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $266k (5.4% of expenses). Other salaries and wages came to $2.1m. It paid $120k in professional fundraising fees. At year end it held assets of $7.3m against liabilities of $1.0m, net assets of $6.2m. It reported 82 employees.