Bright Water Foundation

Analysis

Bright Water Foundation is a registered charity in United States, based in Shingle SPGS, CA. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 Water Foundation reported income of $80k and spending of $82k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $80k (-4.7%), an average of -4.7% a year. Over the whole period it spent 95% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bright Water Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Mission Chapels Foundation ($80k), Higher Mountain Inc ($80k) and San Ramon Hansamo ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.