Bright Eyes Quality Child Care Inc

Analysis

Bright Eyes Quality Child Care Inc is a registered charity in United States, based in Weston, FL. It received its IRS tax-exemption ruling in October 2020, 6 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 December 2022, Bright Eyes Quality Child Care Inc reported income of $806k and spending of $860k, spending 107% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income grew from $20k to $806k (+3923%), an average of +534% a year. The sharpest change came in the year to December 2021, when income rose by 1519%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bright Eyes Quality Child Care Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include Heartsent Adoptions Inc ($806k), Stepping Stones Childrens Center ($806k) and The Simple Way ($806k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $412k. At year end it held assets of $2,099 against liabilities of $54k, net assets of -$52k. It reported 114 employees.