Bright Star Books Inc

Analysis

Bright Star Books Inc is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Books Inc reported income of $218k and spending of $145k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $162k to $218k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bright Star Books Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Rio Arriba County Fair Association ($218k), Austin Road Elementary School PTO Inc ($218k) and Wisconsin School Safety Cordinators Association Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $167k against liabilities of $1,568, net assets of $166k.