Bright Hope Centers

Analysis

Bright Hope Centers is a registered charity in United States, based in Lehigh Valley, PA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Hope Centers reported income of $1.3m and spending of $1.4m, spending 109% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $558k to $1.3m (+133%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 124%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bright Hope Centers sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Butler Health System Foundation ($1.3m), Eastern Pennsylvania Emergency Medical Services Council ($1.3m) and Sanford Crisis Pregnancy Center ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. Compensation of current officers, directors and key employees was $102k (7.2% of expenses). Other salaries and wages came to $648k. At year end it held assets of $1.1m against liabilities of $28k, net assets of $1.1m. It reported 26 employees.