Charity Bridge Fund

Analysis

Charity Bridge Fund is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 February 2024, Charity Bridge Fund reported income of $634k and spending of $671k, spending 106% of what it took in. Across the 5 years on record, from February 2020 to February 2024, income fell from $6.1m to $634k (-90%), an average of -43% a year. The sharpest change came in the year to February 2021, when income rose by 98%. Over the whole period it spent 103% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charity Bridge Fund sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Mels Charities Inc ($633k), Friends of Ukraine ($634k) and Louisiana Delta Community College Foundation ($633k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 86% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $72k (11% of expenses). At year end it held assets of $2.1m against liabilities of $45k, net assets of $2.1m. It reported 2 employees.