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Bright Academy

Mobile, Alabama · EIN 47-1219930 · Education · tax-exempt since 2015

C

Charity Clarity grade C (score 67.4 of 100), based on the Form 990 for the year ended July 2026.

Graded against 69,412 education nonprofits with revenue $500K–$2M filing the same form. A = top 10%, B = next 20%, C = middle 40%, D = next 20%, F = bottom 10%.

What goes into the grade

MeasureThis charityScore (0–100)
ReservesMonths of spending covered by unrestricted net assets.2.4 months81
GovernanceBoard independence, key policies and audit, per the 990.64% of practices64
Margin stabilityHow steady the surplus or deficit is year to year.21
Revenue spreadHow much revenue rests on one type of income.3% from one source82
Filing recordOn-time, complete filings, year after year.100%100
Program spendingSelf-reported by the filer.91.0%not scored
Management costsShare of spending.6.9%not scored
Cost to raise $1Fundraising cost per dollar given.$0.61not scored

Scores compare this charity with its peer group; 100 is best. How Charity Clarity rates charities.

Year by year

2016201720182020202120222023202420252026grey: revenue · green: spending
Year endedFormRevenueSpendingSurplusNet assetsMonths of spendingStaffGrade
Jul 2026Form 990$614K$487K$127K$99K2.418C
Jul 2025Form 990$391K$427K−$36K−$28K-0.813C
Jul 2024Form 990$383K$418K−$35K$8,0060.223C
Jul 2023Form 990$508K$529K−$21K$43K1.022C
Jul 2022Form 990$634K$697K−$63K$64K1.121C
Jul 2021Form 990$607K$558K$49K$169K3.624B
Jul 2020Form 990$483K$481K$1,504$104K2.620B
Jul 2018Form 990$318K$291K$27K$65K2.711B
Jul 2017Form 990$267K$255K$12K$38K1.810C
Jul 2016Form 990$174K$150K$24K$26K2.15C

From the organisation’s own IRS filings. “Months of spending” is total net assets divided by a month of that year’s spending. A blank grade means that year was not rated.

Read the filings

Every figure here comes from the returns this charity filed with the IRS. These sites show the full returns and more about the organisation:

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