Bright Light Projects
Analysis
Bright Light Projects is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in April 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Bright Light Projects reported income of $72k and spending of $82k, spending 114% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income grew from $69k to $72k (+4.4%), an average of +4.4% a year. Over the whole period it spent 104% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bright Light Projects sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within TX. Charities of a similar size with the same main cause include Grands As Parents ($72k), Friends of the Hillsboro Community Senior Center Inc ($72k) and Los Ninos de Guatemala Foundation ($72k).
On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 62% and program service revenue 31% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.
Income and spending
Where the income comes from
- Contributions & grants 62%
- Program services 31%
- Other 7.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grands As Parents | Philadelphia | $72k |
| Friends of the Hillsboro Community Senior Center Inc | Hillsboro | $72k |
| Los Ninos de Guatemala Foundation | Vienna | $72k |
| Wyoming County Food Pantry Inc | Tunkhannock | $72k |