Brighter Way Institute

Analysis

Brighter Way Institute is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Brighter Way Institute reported income of $3.9m and spending of $4.8m, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $9.2m to $3.9m (-58%), an average of -19% a year. The sharpest change came in the year to December 2020, when income dropped by 77%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brighter Way Institute sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within AZ. Charities of a similar size with the same main cause include Washington Drug & Alcohol Commission Inc ($3.9m), Irving Healthcare Foundation ($3.9m) and Barrett Hospital Foundation Inc ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $509k (11% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.0m against liabilities of $958k, net assets of $1.0m. It reported 37 employees.