Bay Bridge Corporation

Analysis

Bay Bridge Corporation is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in September 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 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, Bay Bridge Corporation reported income of $63k and spending of $107k, spending 170% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $52k to $63k (+21%), an average of +5.0% a year. Over the whole period it spent 193% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bay Bridge Corporation sits at the 14th percentile: it is larger than about 14% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 27th percentile within CA. Charities of a similar size with the same main cause include Irwin County Resources Inc ($63k), No One Hungry Inc ($63k) and Crest View South Inc ($63k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $9,154. At year end it held assets of $500k against liabilities of $968k, net assets of -$468k.

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.