Brilliant Corners

Analysis

Brilliant Corners is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Brilliant Corners reported income of $73.9m and spending of $59.6m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $241.0m to $73.9m (-69%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 77%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brilliant Corners sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Equitable Facilities Fund Inc ($73.8m), The Nueva School ($74.0m) and Life School of Dallas ($73.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $1.3m (2.1% of expenses). Other salaries and wages came to $12.8m. At year end it held assets of $372.3m against liabilities of $163.6m, net assets of $208.8m. It reported 595 employees.