Bridge West Oakland Housing Inc

Analysis

Bridge West Oakland Housing Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 1998, 28 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 West Oakland Housing Inc reported income of $3.6m and spending of $5.1m, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $3.6m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 124% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bridge West Oakland Housing Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Homeless No More Inc ($3.6m), Supportive Housing Network of New Y York Inc ($3.6m) and Heritage Presbyterian Housing Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 58% of the total. At year end it held assets of $10.6m against liabilities of $4.9m, net assets of $5.7m.

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.