Bright Future for Kids Inc

Analysis

Bright Future for Kids Inc is a registered charity in United States, based in Conyers, GA. It received its IRS tax-exemption ruling in July 2014, 12 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 Future for Kids Inc reported income of $109k and spending of $125k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $119k to $109k (-9.2%), an average of -9.2% a year. Over the whole period it spent 108% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bright Future for Kids Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within GA. Charities of a similar size with the same main cause include Remix Project ($109k), Hudson Raidaires Boosters Inc ($109k) and Seekonk Youth Soccer Inc ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $2,248 against liabilities of $11k, net assets of -$9,095.