Brighter Family Resource Center Inc

Analysis

Brighter Family Resource Center Inc is a registered charity in United States, based in West Palm Beach, FL. It received its IRS tax-exemption ruling in January 2012, 14 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, Brighter Family Resource Center Inc reported income of $3.0m and spending of $3.1m, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $2.9m to $3.0m (+3.9%), an average of +1.9% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brighter Family Resource Center Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Syracuse Model Neighborhood Facility Inc ($3.0m), Green Beret Foundation ($3.0m) and St Elizabeth Adult Day Care Center ($3.0m).

Other salaries and wages came to $23k. At year end it held assets of $245k against liabilities of $190k, net assets of $55k. It reported 1 employees.