Bright Sky Ministry Inc

Analysis

Bright Sky Ministry Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in September 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 December 2023, Bright Sky Ministry Inc reported income of $150k and spending of $108k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $190k to $150k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bright Sky Ministry Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within OK. Charities of a similar size with the same main cause include Fairview Heights Area Food Pantry ($150k), Valentine Area Community Senior Center Inc ($150k) and Greater Cleveland Delta Foundation Life Development Center Inc ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $69k against liabilities of $1,201, net assets of $68k.