Bridgeport Rescue Mission Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,493,071 | 6,486,722 | 4,006,349 | 16.3 | 35% |
| 2021 | 9,692,832 | 8,401,177 | 1,291,655 | 14.5 | 29% |
| 2022 | 7,507,161 | 8,967,987 | −1,460,826 | 11.6 | 31% |
| 2023 | 7,084,994 | 8,162,916 | −1,077,922 | 11.2 | 40% |
In its most recent public year (2023), this organization spent $1,077,922 more than it brought in. Its reserves stood at about 11.2 months of spending, down from 16.3 in 2020. Staff pay was 40% of spending. $395,414 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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