Brighten Academy Inc

Analysis

Brighten Academy Inc is a registered charity in United States, based in Douglasville, GA. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Brighten Academy Inc reported income of $10.2m and spending of $12.3m, spending 121% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $7.6m to $10.2m (+33%), an average of +7.5% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brighten Academy Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Sandhills Independent School Corp ($10.2m), Morgan Park Academy ($10.2m) and Maef Public Charter Schools Incorporated ($10.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $16.2m against liabilities of $22.4m, net assets of -$6.2m. It reported 85 employees.