Bright Star Learning Center Inc

Analysis

Bright Star Learning Center Inc is a registered charity in United States, based in Orangeburg, SC. It received its IRS tax-exemption ruling in July 2019, 7 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 Star Learning Center Inc reported income of $124k and spending of $159k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $191k to $124k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bright Star Learning Center Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within SC. Charities of a similar size with the same main cause include Nature Worx Inc ($124k), Center City Academy Inc ($124k) and Pope County Hearts & Hands Inc ($124k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.