Brightlane Learning Corp

Analysis

Brightlane Learning Corp is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Brightlane Learning Corp reported income of $2.3m and spending of $1.9m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.3m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2021, when income rose by 50%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brightlane Learning Corp sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Prairie View Academy ($2.3m), Mountain Discovery Charter School of Swain County ($2.3m) and Clackamas Community College Foundation ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $198k (10% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $3.7m against liabilities of $785k, net assets of $2.9m. It reported 48 employees.