Brightstar Community Inc

Analysis

Brightstar Community Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Brightstar Community Inc reported income of $130k and spending of $151k, spending 116% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $103k to $130k (+26%), an average of +12% a year. The sharpest change came in the year to June 2024, when income rose by 27%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Brightstar Community Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Chesterfield Professional Fire Fighters Charitable Foundation ($130k), Pet Food Pantry of Eastern NC Inc ($130k) and Operation Share Energy Fund ($130k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $97k against liabilities of $57k, net assets of $40k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.