Bright Hope International

Analysis

Bright Hope International is a registered charity in United States, based in S Barrington, IL. It received its IRS tax-exemption ruling in June 1969, 57 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bright Hope International reported income of $2.6m and spending of $2.7m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.7m to $2.6m (-3.1%), an average of -0.8% a year. The sharpest change came in the year to June 2022, when income rose by 49%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bright Hope International 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 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Servants Heart Ministry Corporation ($2.6m), Arlington Catholic Herald Inc ($2.6m) and RLN Global Inc ($2.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $159k (5.8% of expenses). Other salaries and wages came to $427k. At year end it held assets of $1.4m against liabilities of $155k, net assets of $1.2m. It reported 13 employees.