Brillare Beauty Institute

Analysis

Brillare Beauty Institute is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in September 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 December 2023, Brillare Beauty Institute reported income of $3.0m and spending of $3.0m, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $702k to $3.0m (+327%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 97%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brillare Beauty Institute sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include Newman Theological College St Josephs Seminary ($3.0m), Fairhill School ($3.0m) and Hope Rural School Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 89% of the total. Compensation of current officers, directors and key employees was $255k (8.6% of expenses). Other salaries and wages came to $905k. At year end it held assets of $2.2m against liabilities of $1.4m, net assets of $827k. It reported 30 employees.