Brighter Path Inc

Analysis

Brighter Path Inc is a registered charity in United States, based in Cambridge Cty, IN. It received its IRS tax-exemption ruling in April 2017, 9 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 2023, Brighter Path Inc reported income of $117k and spending of $84k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $117k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brighter Path Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Foster Adoption Support Group of Saint Charles County ($117k), Restoring Hope Child and Community ($117k) and Paul Snyder Memorial Foundation Inc ($117k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 4.1% of the total. At year end it held assets of $64k against liabilities of $361, net assets of $64k.