Bright Futures Joplin

Analysis

Bright Futures Joplin is a registered charity in United States, based in Joplin, MO. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bright Futures Joplin reported income of $282k and spending of $177k, leaving 37% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $103k to $282k (+173%), an average of +173% a year. The sharpest change came in the year to June 2024, when income rose by 173%. Over the whole period it spent 73% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bright Futures Joplin sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within MO. Charities of a similar size with the same main cause include Kids First Preschool & Childcare ($282k), Buildup Steam Inc ($282k) and Friends of the Carpenter ($282k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $49k. At year end it held assets of $367k against liabilities of $237, net assets of $366k.