Bright Beginnings Preschool

Analysis

Bright Beginnings Preschool is a registered charity in United States, based in Folsom, CA. It received its IRS tax-exemption ruling in March 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bright Beginnings Preschool reported income of $134k and spending of $152k, spending 114% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $117k to $134k (+14%), an average of +14% a year. Over the whole period it spent 121% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bright Beginnings Preschool sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 46th percentile within CA. Charities of a similar size with the same main cause include Myers Memorial Library ($134k), Pivotal Point Enterprises Inc ($134k) and Davids Faith & Hope for Life Foundation ($134k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 91% of the total. At year end it held assets of $38k against liabilities of $5, net assets of $38k.