Bridging Community Resources

Analysis

Bridging Community Resources is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in April 1965, 61 years ago. 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 2022, Bridging Community Resources reported income of $491k and spending of $615k, spending 125% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $817k to $491k (-40%), an average of -16% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 132% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bridging Community Resources sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Lower East Side Printshop Inc ($491k), Nami North Texas ($491k) and Hospice of Ukiah Inc ($491k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 76% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $85k (14% of expenses). Other salaries and wages came to $238k. At year end it held assets of $3.2m against liabilities of $130k, net assets of $3.1m. It reported 13 employees.

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.