Bright Holidays Inc

Analysis

Bright Holidays Inc is a registered charity in United States, based in Ponte Vedra, FL. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bright Holidays Inc reported income of $98k and spending of $121k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $148k to $98k (-33%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bright Holidays Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Ausome Foundation Corp ($98k), Melon I Corporation ($98k) and Taking It to the Streets with Lori and Shira ($98k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $40k against liabilities of $1,754, net assets of $38k.