Bright Alternatives Inc

Analysis

Bright Alternatives Inc is a registered charity in United States, based in Bradford, PA. It received its IRS tax-exemption ruling in June 1991, 35 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 Alternatives Inc reported income of $263k and spending of $190k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $151k to $263k (+74%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bright Alternatives Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Betty a Dodson Foundation Inc ($263k), Aapi Arkansas ($263k) and Love Ran Red Foundation Inc ($263k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $45k (24% of expenses). Other salaries and wages came to $52k. At year end it held assets of $408k against liabilities of $0, net assets of $408k. It reported 6 employees.