Bright Destiny

Analysis

Bright Destiny is a registered charity in United States, based in Midland, GA. It received its IRS tax-exemption ruling in February 2017, 9 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 Destiny reported income of $54k and spending of $91k, spending 167% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $21k to $54k (+157%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 426%. Over the whole period it spent 160% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bright Destiny sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within GA. Charities of a similar size with the same main cause include Technologists Aspiring Through Servant Leadership ($54k), Wantagh Wrestling Alumni & Friends ($54k) and Joy to the Children Inc ($54k).

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 $60k against liabilities of $120k, net assets of -$60k.