Bright Choice Foundation

Analysis

Bright Choice Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Choice Foundation reported income of $493k and spending of $537k, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $50k to $493k (+884%), an average of +214% a year. The sharpest change came in the year to December 2023, when income rose by 348%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bright Choice Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Chesterton Academy of Saint Joseph ($493k), Hopkinsville Rotary Charitable Trust Inc ($493k) and CWM International Inc ($493k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $223k. At year end it held assets of $27k against liabilities of $0, net assets of $27k. It reported 8 employees.