Brightwood Community Center

Analysis

Brightwood Community Center is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Brightwood Community Center reported income of $339k and spending of $384k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $297k to $339k (+14%), an average of +14% a year. Over the whole period it spent 89% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Brightwood Community Center sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IN. Charities of a similar size with the same main cause include Creative Class Collective ($339k), Mid-Michigan Health Consortium LLC ($339k) and South Kensington Community Partners Inc ($339k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (19% of expenses). Other salaries and wages came to $71k. At year end it held assets of $178k against liabilities of $70k, net assets of $108k. It reported 7 employees.