Bright Twelve Children Foundation

Analysis

Bright Twelve Children Foundation is a registered charity in United States, based in Coral Springs, FL. It received its IRS tax-exemption ruling in January 2022, 4 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 Twelve Children Foundation reported income of $150k and spending of $1,061, leaving 99% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $499k to $150k (-70%), an average of -45% a year. The sharpest change came in the year to December 2022, when income dropped by 100%. Over the whole period it spent 0.2% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bright Twelve Children Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Optimal Wellness Research Foundation Inc ($150k), Safe Meadow Medical Center ($150k) and Metro Foundation ($150k).

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 $647k against liabilities of $0, net assets of $647k.