Overview
What is Bridge Of Hope Inc?
Bridge of Hope Inc is a nonprofit organization dedicated to combating homelessness, primarily among single women and their children. Based in Exton, Pennsylvania, they engage local Christian communities through volunteer training, professional case management, and rental assistance funds. Bridge of Hope National has served an increased number of families since 2019, achieving impressive results, such as an average of 658 neighboring volunteers from churches, averaging 63 days to find housing for families, and 88% of families living stably after exiting the program. With a mission to demonstrate Christ's love through neighboring relationships, they currently operate in 14 states, including Lancaster and Chester Counties in Pennsylvania, where they directly manage local affiliates. Their approach to family homelessness has been successful in increasing family income and providing necessary financial assistance, helping families permanently exit homelessness.
Official website here: www.bridgeofhopeinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
Bridge of Hope Inc has achieved a remarkable 100% rating from Charity Navigator, indicating a strong commitment to accountability and finance, with a perfect score in these areas. The organization boasts an independent board comprised entirely of independent members, thorough oversight practices, and a solid program expense ratio of 78.79%, demonstrating effective resource allocation towards their mission of ending family homelessness.
User feedback from Great Nonprofits highlights the organization's strengths, particularly its comprehensive case management program and the innovative "Neighboring" initiative, which connects families facing homelessness with volunteer support. Reviewers emphasize the focus on collaboration, family empowerment, and a commitment to sustainable change, showcasing a deep-rooted dedication to those they serve.
While the feedback is overwhelmingly positive, it is essential to note that success in such complex social issues often requires continuous adaptation and resources. Nevertheless, the consistent high ratings in both accountability and community engagement reflect Bridge of Hope's effective strategies in tackling homelessness and fostering resilience among families.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Bridge Of Hope Inc legitimate?
Bridge Of Hope Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bridge Of Hope Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $115,123
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,144,079
For more financial information, click here
Official website here: www.bridgeofhopeinc.org
What is the mission statement of Bridge Of Hope Inc?
Bridge of Hope Inc's mission is centered around engaging Christian faith communities to combat family homelessness. They achieve this by fostering neighboring relationships that embody Christ's love. The organization provides resources to train volunteers, offers professional case management, and provides rental assistance funds. Bridge of Hope Inc primarily assists single women and children, serving a significant number of families since 2019. With a network of 24 locations in 14 states, they have demonstrated strong program performance, helping families secure housing quickly and sustainably, and increasing their income during their stay. Bridge of Hope Inc directly operates affiliates in two founding counties and operates as a department within Bridge of Hope Inc.
Official website here: www.bridgeofhopeinc.org
Who is the CEO of Bridge Of Hope Inc?
Edith Yoder is the CEO of Bridge Of Hope Inc The CEO's salary of Bridge Of Hope Inc is $109,660 and their total compensation is $112,950.
Official website here: www.bridgeofhopeinc.org
What is the revenue of Bridge Of Hope Inc?
Bridge Of Hope Inc's revenue in 2024 was $2,876,183.
Official website here: www.bridgeofhopeinc.org
Who are the executives of Bridge Of Hope Inc and what are their salaries?
The average compensation at Bridge Of Hope Inc during 2024 was $50,368. There are 25 employees and 344 volunteers at Bridge Of Hope Inc.
Here are 17 key members and their salaries (Bridge Of Hope Inc's CEO's salary is $109,660 and their total compensation is $112,950):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $109,660
- Related: $0
- Other: $3,290
Official website here: www.bridgeofhopeinc.org
Where can I find the form 990 for Bridge Of Hope Inc?
Bridge Of Hope Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.bridgeofhopeinc.org
Learn more at the official website: www.bridgeofhopeinc.org
Mission Statement of Bridge Of Hope Inc
Bridge of Hope National is a mission-driven organization dedicated to engaging Christian faith communities in ending and preventing family homelessness. Their mission is achieved through neighboring relationships that exemplify Christ's love. By training volunteers, providing professional case management, and offering rental assistance funds, Bridge of Hope National aims to support primarily single women and children who are experiencing or at risk of homelessness.
The organization's mission is centered around fostering a sense of community and compassion. By engaging local faith communities, Bridge of Hope National seeks to create a supportive network that can help families overcome homelessness. Through their work, they have demonstrated a significant impact, serving 388 adults and children in the past year, and averaging just 65 days to find housing for families. Moreover, 88% of exiting families have successfully transitioned into safe and sustainable housing, and 82% of families have increased their income during their time in Bridge of Hope's care.
Bridge of Hope National's approach to ending family homelessness is holistic and collaborative. They recognize that the journey out of homelessness is not a simple one, and they provide the necessary resources and support to help families rebuild their lives. By engaging local faith communities and leveraging their resources, Bridge of Hope National is able to make a real difference in the lives of families facing homelessness.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Bridge of Hope Inc's impact is evident in its successful mission to engage Christian faith communities in ending family homelessness through neighboring relationships that demonstrate Christ's love. By offering a variety of resources, including training neighboring volunteers, providing professional case management, and offering rental assistance funds, Bridge of Hope has made a significant impact in addressing homelessness for families, primarily single women and children.
The organization's data showcases strong program performance, with 388 adults and children served, 658 neighboring volunteers from churches (a 29% increase from the previous year), an average of 63 days to find housing for families, despite a nationwide housing crisis, and 88% of exiting families now living in safe and sustainable housing. Furthermore, 82% of families have increased their income during their time with Bridge of Hope, highlighting the organization's effectiveness in promoting self-sufficiency.
With the average amount of rental assistance needed to help one family permanently exit homelessness standing at 8,892 dollars, Bridge of Hope Inc's direct services in two counties, as well as its network of 24 locations in 14 states, demonstrate the tangible impact it has in combating family homelessness.
This information is meant to be a general summary of Bridge Of Hope Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $28,841
- Program Service Revenue: $28,840
- Gross Receipts: $3,131,505
Assets and Liabilities:
- Total Assets: $1,441,704
- Total Liabilities: $197,434
- Net Assets: $1,244,270
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LCT FEES, RES, CONF REG
Revenue
$28,840
Organization Details
Founding Year
2002
Principal Officer
Edith Yoder
Website
www.bridgeofhopeinc.orgNTEE Category
Code: P20 - Human services
If you are a representative of Bridge Of Hope Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.