Future Brilliance US Inc

Analysis

Future Brilliance US Inc is a registered charity in United States, based in Concord, NH. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Future Brilliance US Inc reported income of $96k and spending of $118k, spending 123% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.3m to $96k (-93%), an average of -73% a year. The sharpest change came in the year to December 2022, when income dropped by 84%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Future Brilliance US Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within NH. Charities of a similar size with the same main cause include Oklahoma Blood Institute Foundation ($96k), Project Azul Inc ($96k) and Philly Cure HD Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.