Bridge Street Development Corporation is a 501(c)(3) organization based in Brooklyn, New York, registered in 1996, with $3,306,494 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$3.3M
▼ 27.0% vs prior year
Community median: $184K
Expenses (FY2024)
$3.6M
Net assets
$1.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bridge Street Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bridge Street Development Corporation: 5 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bridge Street Development Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bridge Street Development Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue grew from $1.6M (FY2015) to $3.3M (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-8.5%
Spent more than it raised in the latest fiscal year.
Total assets
$2.1M
Total liabilities
$659K
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,306,494▼27.0% | $3,588,604▼22.0% | $1,490,493▼15.9% | $2,149,958▼26.7% | 990 |
| 2023 | $4,529,272▲63.9% | $4,602,911▲74.6% | $1,772,679▼4.0% | $2,932,460▲32.7% | 990 |
| 2022 | $2,763,736▲53.2% | $2,636,980▲26.9% | $1,845,951▲6.9% | $2,210,051▲23.1% | 990 |
| 2021 | $1,804,289▲27.2% | $2,078,619▲42.0% | $1,726,927▼13.3% | $1,795,467▼14.9% | 990 |
| 2020 | $1,418,867▼8.9% | $1,464,008▼5.5% | $1,991,682▼2.3% | $2,109,138▼1.5% | 990 |
| 2019 | $1,557,567▼20.6% | $1,548,574▲10.4% | $2,039,496▲0.8% | $2,140,813▼2.5% | 990 |
| 2018 | $1,960,605▲27.4% | $1,402,597▼1.6% | $2,023,573▲37.8% | $2,195,257▲44.6% | 990 |
| 2017 | $1,539,529▲11.3% | $1,424,811▲4.4% | $1,468,761▲8.9% | $1,518,572▲6.2% | 990 |
| 2016 | $1,383,436▼15.6% | $1,364,831▼16.4% | $1,349,183▲1.8% | $1,430,457▲6.2% | 990 |
| 2015 | $1,639,938 | $1,633,290▲44.1% | $1,325,703▲13.2% | $1,347,159▲9.7% | 990 |
| 2010 | — | $1,133,373 | $1,170,953 | $1,228,021 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
30 grants to Bridge Street Development Corporation totaling $1.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Local Initiatives Support Corporation | See part iv | 2024 | $90,000 |
| The Center For New York City | Housing & legal counseling | 2024 | $40,000 |
| Local Initiatives Support Corporation | See part iv | 2023 | $38,750 |
| United Way of New York City | Hunger prevention nutrition assistance program (hpnap), emergency food and shelter program (efsp), and nourish ny are uwnycs largest programs to provide nutritious food to pantries and soup kitchens in new york city. hpnap and efsp have been cornerstone programs of uwnyc for 40 years. | 2023 | $17,250 |
| United Way of New York City | Education read write & code- rwc builds upon lessons learned from readnyc, uwnycs decade-long literacy program in mott haven in the bronx, and adds new elements to help prepare children for post-covid civic and economic engagement. rwc continues to address childrens foundational literacy and wellness needs: increasing early literacy via home, school, and community libraries; providing out-of-school learning and wellness opportunities for children and families; and building teachers capacity to meet childrens literacy needs in a digital age. at the same time, rwc invests in students advanced 21st century literacy needs: innovative methods to integrate reading and writing instruction, multimodal approaches to culturally responsive pedagogy, and introducing computer science to teachers and students in humanities settings. | 2023 | $10,000 |
| Local Initiatives Support Corporation | See part iv | 2022 | $183,750 |
| American Online Giving Foundation Inc | General support | 2022 | $100,495 |
| United Way of New York City | Emergency assistance and community needs (eacn) fund to support the thousands of migrants seeking asylum in our city. the fund direct resources to community-based organizations (cbos) within the specific areas that are lacking adequate funding at this time. grants deployed to on-the-ground community-based organizations providing rapid response to asylum seekers and migrants through food, shelter, transportation,and basic needs. | 2022 | $50,000 |
| The Center For New York City | Housing & legal counseling | 2022 | $20,000 |
| The Blackbaud Giving Fund | General support | 2022 | $15,400 |
| United Way of New York City | Education - black studies cirriculum -helping nyc officials design, refine, and implement a black studies curriculum for nyc schools. as part of this work, uwnyc launched over 30+ events to help educate and engage the public about black studies and to build citywide support. events ranged from block parties to trivia nights to a fully stocked bookmobile that rolled up in communities across the city to share culturally responsive books and resources with families. | 2022 | $10,000 |
| Local Initiatives Support Corporation | See part iv | 2021 | $84,500 |
| The Center For New York City | Housing & legal counseling | 2021 | $20,000 |
| American Online Giving Foundation Inc | General support | 2020 | $100,050 |
| American Online Giving Foundation Inc | General support | 2020 | $100,050 |
Explore more
Data for Bridge Street Development Corporation (EIN 11-3250772) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.