Brightcare

Analysis

Brightcare is a registered charity in United States, based in Manassas, VA. It received its IRS tax-exemption ruling in December 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, Brightcare reported income of $437k and spending of $451k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $459k to $437k (-4.8%), an average of -1.2% a year. The sharpest change came in the year to December 2023, when income rose by 115%. Over the whole period it spent 126% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brightcare sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within VA. Charities of a similar size with the same main cause include Holy Family Services Adoption & Foster Care ($437k), Senior Citizens Agency of Northern Door Inc ($437k) and Georgias Friends ($437k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. At year end it held assets of $613k against liabilities of $613k, net assets of $0.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.