Brighter Hope Group Home Inc

Analysis

Brighter Hope Group Home Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Brighter Hope Group Home Inc reported income of $522k and spending of $531k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $923k to $522k (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brighter Hope Group Home Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Pregnancy Aid Centers Inc ($522k), Wheeling Society for Crippled Children ($522k) and Thelmas Place ($522k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $393k (74% of expenses). At year end it held assets of $629k against liabilities of $0, net assets of $629k. It reported 14 employees.