A Brighter Future Learning Center

Analysis

A Brighter Future Learning Center is a registered charity in United States, based in Princeton, KY. It received its IRS tax-exemption ruling in May 1996, 30 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, A Brighter Future Learning Center reported income of $62k and spending of $85k, spending 137% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $60k to $62k (+2.9%), an average of +2.9% a year. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, A Brighter Future Learning Center sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 22nd percentile within KY. Charities of a similar size with the same main cause include Panther Pit Crew ($62k), St Johns Youth Athletic Association ($62k) and Crichton Club of Columbus Ohio ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.8% and program service revenue 93% of the total. At year end it held assets of $2,802 against liabilities of $40k, net assets of -$38k.