Bright Horizons Foundation for Children

Analysis

Bright Horizons Foundation for Children is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Bright Horizons Foundation for Children reported income of $394k and spending of $404k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $394k (-63%), an average of -22% a year. The sharpest change came in the year to December 2020, when income dropped by 63%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bright Horizons Foundation for Children sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Sanctuary Golf Club Foundation Inc ($394k), Connecther ($394k) and Rancho Feliz Supporting Foundation Inc ($394k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $1.5m against liabilities of $7,540, net assets of $1.5m.