Bbright

Analysis

Bbright is a registered charity in United States, based in Canonsburg, PA. It received its IRS tax-exemption ruling in May 2021, 5 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 2023, Bbright reported income of $519k and spending of $242k, leaving 53% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $519k (+360%), an average of +360% a year. The sharpest change came in the year to December 2023, when income rose by 360%. Over the whole period it spent 53% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bbright sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Mwebaza Foundation ($519k), Energyunited Foundation Inc ($519k) and Community Services of Starke County Inc ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $320k against liabilities of $0, net assets of $320k.