Bridge Housing Corporation - Southern California

Analysis

Bridge Housing Corporation - Southern California is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 1996, 30 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 Housing Corporation - Southern California reported income of $5.8m and spending of $8.2m, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $430k to $5.8m (+1256%), an average of +92% a year. The sharpest change came in the year to December 2020, when income rose by 530%. Over the whole period it spent 223% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bridge Housing Corporation - Southern California 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 FV Services Inc ($5.8m), Save the Family Foundation of Arizona ($5.8m) and Caritas Communities Inc ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% and program service revenue 93% of the total. At year end it held assets of $17.4m against liabilities of $37.9m, net assets of -$20.5m.

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.