Brite New Horizons Services Inc

Analysis

Brite New Horizons Services Inc is a registered charity in United States, based in Downey, CA. It received its IRS tax-exemption ruling in November 2008, 18 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, Brite New Horizons Services Inc reported income of $1.0m and spending of $1.1m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $774k to $1.0m (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brite New Horizons Services Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Take Action Global Inc ($1.0m), St Clair County D a Y Program Inc ($1.0m) and Growing Seeds Child Development Center ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $767k. At year end it held assets of $458k against liabilities of $0, net assets of $458k. It reported 37 employees.