Brightpoint Care Inc

Analysis

Brightpoint Care Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1988, 38 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brightpoint Care Inc reported income of $18.0m and spending of $15.6m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.0m to $18.0m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brightpoint Care Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Electronic Frontier Foundation Inc ($18.0m), Imran Khan Cancer Appeal Inc ($18.0m) and Planetary Science Institute ($17.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. At year end it held assets of $23.6m against liabilities of $1.9m, net assets of $21.7m.