Bright School Pre-School for the Hearing Impaired

Analysis

Bright School Pre-School for the Hearing Impaired is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in June 1961, 65 years ago. 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 2023, Bright School Pre-School for the Hearing Impaired reported income of $617k and spending of $489k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $616k to $617k (+0.2%), an average of +0.0% a year. The sharpest change came in the year to June 2020, when income dropped by 53%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bright School Pre-School for the Hearing Impaired sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within LA. Charities of a similar size with the same main cause include History of Science Society Inc ($617k), Entrepreneurs Organization ($617k) and Validation Training Institute Incorporated ($617k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $92k (19% of expenses). Other salaries and wages came to $118k. It paid $56k in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $60k, net assets of $1.6m. It reported 8 employees.