Starbright Learning Center

Analysis

Starbright Learning Center is a registered charity in United States, based in Burbank, CA. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Starbright Learning Center reported income of $1.4m and spending of $1.3m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.4m (+4.3%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income rose by 43%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Starbright Learning Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Big Sky Discovery School Inc ($1.4m), Little Miracles Learning Center Inc ($1.4m) and St Johns Community Housing Development Fund Corp ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $194k (15% of expenses). Other salaries and wages came to $602k. At year end it held assets of $3.1m against liabilities of $220k, net assets of $2.9m. It reported 13 employees.