All Stars Are Bright Corporation

Analysis

All Stars Are Bright Corporation is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in January 2016, 10 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, All Stars Are Bright Corporation reported income of $132k and spending of $129k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $110k to $132k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, All Stars Are Bright Corporation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include I Matter Too Corporation ($132k), Girls on the Run of Southern Idaho Inc ($132k) and All4love ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.2% and program service revenue 94% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.