Bright Horizons Foster Family Agency

Analysis

Bright Horizons Foster Family Agency is a registered charity in United States, based in Colton, CA. It received its IRS tax-exemption ruling in March 2007, 19 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 Horizons Foster Family Agency reported income of $2.7m and spending of $2.2m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.7m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bright Horizons Foster Family Agency sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include Wasilla Area Seniors Inc ($2.7m), Manuch Inc ($2.7m) and Hope Helps Inc ($2.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $199k (8.9% of expenses). Other salaries and wages came to $436k. At year end it held assets of $1.3m against liabilities of $98k, net assets of $1.2m. It reported 15 employees.