Bright Leadership Institute

Analysis

Bright Leadership Institute is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Bright Leadership Institute reported income of $392k and spending of $405k, spending 103% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $210k to $392k (+87%), an average of +87% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bright Leadership Institute sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include 7more Inc ($392k), Chapin Memorial Home for Aged Blind ($392k) and Survivingbreastcancer ($392k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $124k (31% of expenses). At year end it held assets of $117k against liabilities of $0, net assets of $117k.