Brighton Center

Analysis

Brighton Center is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in December 1966, 60 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 August 2023, Brighton Center reported income of $18.6m and spending of $17.5m, spending 94% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $13.3m to $18.6m (+39%), an average of +8.6% a year. The sharpest change came in the year to August 2022, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Brighton Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Arkansas Public School Resource Center Inc ($18.6m), New York School of Interior Design ($18.6m) and Boundless Strategic Resources Inc ($18.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 47% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $1.2m (6.8% of expenses). Other salaries and wages came to $11.0m. At year end it held assets of $15.4m against liabilities of $2.3m, net assets of $13.1m. It reported 256 employees.