Bright Hope Community Service Center

Analysis

Bright Hope Community Service Center is a registered charity in United States, based in Walnut, CA. It received its IRS tax-exemption ruling in March 2000, 26 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, Bright Hope Community Service Center reported income of $667k and spending of $667k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $769k to $667k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2020, when income dropped by 54%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bright Hope Community Service Center sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Precious Years Learning Center ($667k), Rocovery Fitness Inc ($667k) and Hot Meals USA ($667k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $394k. At year end it held assets of $332k against liabilities of $344k, net assets of -$12k. It reported 24 employees.