A Brighter Community Inc

Analysis

A Brighter Community Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in June 1955, 71 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 2023, A Brighter Community Inc reported income of $3.0m and spending of $1.3m, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $471k to $3.0m (+547%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 1076%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Brighter Community Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Grant Me Hope ($3.0m), St Elizabeth Adult Day Care Center ($3.0m) and Advocate Hostels Holding Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $60k (4.6% of expenses). Other salaries and wages came to $169k. At year end it held assets of $2.1m against liabilities of $9,025, net assets of $2.1m. It reported 6 employees.