990 Scout/ Bright Promise/ Financials

Financial Information for Bright Promise

Bright Promise's annual revenue was $3.4M in tax year 2024, reported on their IRS Form 990. They spent $722K in total expenses. 76% went to programs and services.

Financial Breakdown

What is Bright Promise's total annual expenses?

Bright Promise spent $722K in tax year 2024, according to their IRS Form 990 filing.

How much of Bright Promise's budget goes to programs?

Bright Promise spent $549K (76% of expenses) on programs and services in tax year 2024.

How much does Bright Promise spend on overhead?

Bright Promise's overhead in tax year 2024 includes administrative (8%) and fundraising (16%) of their expenses.

What is Bright Promise's net worth?

Bright Promise had net assets of $5.5M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.