Bright Star of Bethlehem NFP

Analysis

Bright Star of Bethlehem NFP is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Bright Star of Bethlehem NFP reported income of $2.6m and spending of $2.3m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.6m (+111%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bright Star of Bethlehem NFP sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within IL. Charities of a similar size with the same main cause include Boys and Girls Clubs of Chaffee County ($2.6m), Boys & Girls Club of the Ozarks ($2.6m) and Gamers Outreach Foundation ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $125k (5.4% of expenses). Other salaries and wages came to $100k. At year end it held assets of $1.7m against liabilities of $721k, net assets of $982k. It reported 3 employees.