Bright Hope Preschool

Analysis

Bright Hope Preschool is a registered charity in United States, based in Covington, WA. It received its IRS tax-exemption ruling in June 2015, 11 years ago. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending August 2024, Bright Hope Preschool reported income of $99k and spending of $98k, spending 99% of its income. Across the 2 years on record, from August 2023 to August 2024, income fell from $104k to $99k (-5.3%), an average of -5.3% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bright Hope Preschool sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 32nd percentile within WA. Charities of a similar size with the same main cause include Therayouth Foundation ($99k), Veterans Action Project ($99k) and Inscape Center for Personal Vocation ($99k).

On its Form 990-EZ for the period ending August 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $1,362 against liabilities of $0, net assets of $1,362.