Bridge Homes Inc

Analysis

Bridge Homes Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Homes Inc reported income of $59k and spending of $59k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $98k to $59k (-39%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 416% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bridge Homes Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include The Greater Pittston Land Revitilazation Corporation ($59k), Signpost Missionworks ($59k) and Los Angeles LDC Inc ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $518k against liabilities of $31k, net assets of $488k.