Bright Spot Hour Inc

Analysis

Bright Spot Hour Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in June 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bright Spot Hour Inc reported income of $144k and spending of $110k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $144k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bright Spot Hour Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 52nd percentile within SC. Charities of a similar size with the same main cause include Those Crazy Etheredges ($144k), U-Too Ministries ($144k) and G6 Ministries Anchorage Cross and Anchor Church ($144k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.