Bright Beginnings Christian Preschool

Analysis

Bright Beginnings Christian Preschool is a registered charity in United States, based in Florence, OR. It received its IRS tax-exemption ruling in July 2009, 17 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 August 2023, Bright Beginnings Christian Preschool reported income of $193k and spending of $186k, spending 96% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $93k to $193k (+108%), an average of +108% a year. The sharpest change came in the year to August 2023, when income rose by 108%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bright Beginnings Christian Preschool sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within OR. Charities of a similar size with the same main cause include Daystar Education Inc ($193k), Cuthbertson Band Boosters ($193k) and Pinewoods Elementary School Parent Teacher Organization Inc ($193k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $47k against liabilities of $3,187, net assets of $44k.