Bright Beginnings Learning Academy

Analysis

Bright Beginnings Learning Academy is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bright Beginnings Learning Academy reported income of $745k and spending of $688k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $763k to $745k (-2.3%), an average of -0.6% a year. The sharpest change came in the year to December 2020, when income dropped by 38%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bright Beginnings Learning Academy sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Ohio County & Independent Agricultural Societies ($745k), Whamnow Inc ($745k) and Fredericksburg Pregnancy Center ($745k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. Other salaries and wages came to $495k. At year end it held assets of $53k against liabilities of $0, net assets of $53k. It reported 19 employees.