Bridge School

Analysis

Bridge School is a registered charity in United States, based in Hillsborough, CA. It received its IRS tax-exemption ruling in March 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Bridge School reported income of $1.4m and spending of $3.5m, spending 246% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $2.3m to $1.4m (-40%), an average of -12% a year. The sharpest change came in the year to July 2020, when income rose by 106%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bridge School sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include San Angelo Christian Academy ($1.4m), Banyan High School ($1.4m) and Construction Education Foundation of Colorado ($1.4m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 38% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $263k (7.6% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $23.0m against liabilities of $591k, net assets of $22.4m. It reported 30 employees.