Algorithms encoded as a program end up as an abstract syntax tree in the compiler. Algorithm -> Data structure. The compiler then turns that ast into some other representation (e.g. machine instructions, JavaScript) which is again the algorithm. Data structure -> algorithm. Bijection identified.
Isomorphism is about preserving relations as well. For example, consider the ring of integers and the field of rational numbers. One can construct a bijection between one to the other (they both have the same cardinality as the natural numbers), but they are significantly different constructs. The bijection would not be able to preserve the operations - in fact, the rational numbers as a ring is significantly different, and unless one wants to use information about the cardinality, a bijection between the two is otherwise worthless.