Bright Wings Group

Analysis

Bright Wings Group is a registered charity in United States, based in Seabrook, SC. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Bright Wings Group reported income of $107k and spending of $101k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $151k to $107k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bright Wings Group sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 44th percentile within SC. Charities of a similar size with the same main cause include Just1word Inc ($107k), Living Stones Vilaj Ansanm Inc ($107k) and Seasons of Life Ministries Inc ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $431k against liabilities of $307k, net assets of $125k.