Bright Spot Foundation

Analysis

Bright Spot Foundation is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, Bright Spot Foundation reported income of $63k and spending of $67k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $63k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bright Spot Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within AL. Charities of a similar size with the same main cause include Good Shepherd Health Clinic of Muskogee Inc ($63k), Power of Sight Foundation ($63k) and Our Place Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23 against liabilities of $0, net assets of $23.