Brighton Competition Team Inc

Analysis

Brighton Competition Team Inc is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Brighton Competition Team Inc reported income of $127k and spending of $109k, spending 86% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $89k to $127k (+42%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brighton Competition Team Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within UT. Charities of a similar size with the same main cause include Mary Seat of Wisdom Academy Inc ($127k), Jackson Local Schools Foundation ($127k) and Sunset Middle School Parent Teacher Organization ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.