Brightpoint Care Inc
Brightpoint Care Inc maintains stable finances with consistent revenue and no reported officer compensation.
EIN: 133464470 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.4M |
| Total Expenses | $15.6M |
| Program Spending | 85% |
| Net Assets | $21.7M |
| Transparency Score | 85/100 |
Is Brightpoint Care Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Brightpoint Care Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Brightpoint Care Inc
Brightpoint Care Inc (EIN: 133464470) is a nonprofit organization based in New York, NY. The organization reported total revenue of $16.4M and total assets of $24.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brightpoint Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Brightpoint Care Inc is a large nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18.0M |
| Total Expenses | $15.6M |
| Surplus / Deficit | +$2.4M |
| Total Assets | $23.6M |
| Total Liabilities | $1.9M |
| Net Assets | $21.7M |
| Operating Margin | 13.2% |
| Debt-to-Asset Ratio | 8.1% |
| Months of Reserves | 18.1 months |
Financial Health Grade: A
In 2023, Brightpoint Care Inc reported a surplus of $2.4M with revenue exceeding expenses, holds 18.1 months of operating reserves (strong position), has a debt-to-asset ratio of 8.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Brightpoint Care Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.0% | +0.0% | +3.9% |
| 2022 | +5.6% | +13.0% | +4.5% |
| 2021 | +20.9% | -6.8% | -31.1% |
| 2020 | -10.4% | -18.5% | +37.8% |
| 2019 | +3.7% | +7.4% | -3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Brightpoint Care Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Brightpoint Care Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.1%.
Executive Compensation Analysis
Brightpoint Care Inc consistently reports 0% officer compensation across all available filings, suggesting either a volunteer leadership model or compensation levels below IRS reporting thresholds. This indicates a strong commitment to directing funds towards the organization's mission rather than executive salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Brightpoint Care Inc's IRS 990 filings:
- NTEE Code is unknown, limiting understanding of specific mission area.
Strengths
The following positive indicators were identified for Brightpoint Care Inc:
- Consistent positive net income in recent years (e.g., $2,378,311 in 2023, $2,751,726 in 2022, $3,566,420 in 2021).
- Strong asset base relative to liabilities, indicating financial stability (e.g., $23,566,585 assets vs. $1,901,276 liabilities in 2023).
- No reported officer compensation across all filings, suggesting efficient use of funds.
- Stable revenue streams over the past three years, demonstrating consistent funding.
Frequently Asked Questions about Brightpoint Care Inc
Is Brightpoint Care Inc a legitimate charity?
Brightpoint Care Inc (EIN: 133464470) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $16.4M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Brightpoint Care Inc spend its money?
Brightpoint Care Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Brightpoint Care Inc tax-deductible?
Brightpoint Care Inc is registered as a tax-exempt nonprofit (EIN: 133464470). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Brightpoint Care Inc's spending goes to programs?
Brightpoint Care Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Brightpoint Care Inc located?
Brightpoint Care Inc is headquartered in New York, New York and files with the IRS under EIN 133464470.
How many years of IRS 990 filings does Brightpoint Care Inc have?
Brightpoint Care Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $16.4M in total revenue.
Is Brightpoint Care Inc a good charity?
Based on the provided financial data, Brightpoint Care Inc appears to be a financially sound organization with consistent revenue, positive net assets, and no reported officer compensation, which are all positive indicators for a charity.
How has Brightpoint Care Inc's revenue trended recently?
Brightpoint Care Inc's revenue has been relatively stable in recent years, ranging from $17.3 million in 2021 to $18.3 million in 2022 and $17.9 million in 2023, showing consistent financial intake.
What is Brightpoint Care Inc's asset-to-liability ratio?
In 2023, Brightpoint Care Inc had assets of $23,566,585 and liabilities of $1,901,276, resulting in a strong asset-to-liability ratio of approximately 12.4 to 1, indicating excellent financial stability.
Filing History
IRS 990 filing history for Brightpoint Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Brightpoint Care Inc's revenue has declined by 38.1%, moving from $29.0M to $18.0M. Total assets decreased by 17.8% over the same period, from $28.7M to $23.6M. Total functional expenses fell by 43%, from $27.3M to $15.6M. In its most recent filing year (2023), Brightpoint Care Inc reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $23.6M in assets (debt-to-asset ratio: 8.1%), resulting in net assets of $21.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18.0M | $15.6M | $23.6M | $1.9M | — | — |
| 2022 | $18.3M | $15.6M | $22.7M | $3.4M | — | View 990 |
| 2021 | $17.4M | $13.8M | $21.7M | $5.2M | — | View 990 |
| 2020 | $14.4M | $14.8M | $31.5M | $18.5M | — | View 990 |
| 2019 | $16.0M | $18.2M | $22.8M | $9.4M | — | View 990 |
| 2018 | $15.5M | $16.9M | $23.8M | $8.1M | — | View 990 |
| 2017 | $20.7M | $21.7M | $17.7M | $9.8M | — | View 990 |
| 2016 | $21.9M | $22.9M | $19.4M | $10.4M | — | View 990 |
| 2015 | $33.1M | $32.8M | $22.3M | $12.4M | — | View 990 |
| 2014 | $38.3M | $41.3M | $26.9M | $17.3M | — | View 990 |
| 2013 | $35.2M | $35.9M | $29.3M | $15.4M | — | View 990 |
| 2012 | $27.5M | $27.6M | $29.6M | $15.4M | — | View 990 |
| 2011 | $29.0M | $27.3M | $28.7M | $14.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18.0M, expenses of $15.6M, and assets of $23.6M (revenue -2.0% year-over-year).
- 2022: Revenue of $18.3M, expenses of $15.6M, and assets of $22.7M (revenue +5.6% year-over-year).
- 2021: Revenue of $17.4M, expenses of $13.8M, and assets of $21.7M (revenue +20.9% year-over-year).
- 2020: Revenue of $14.4M, expenses of $14.8M, and assets of $31.5M (revenue -10.4% year-over-year).
- 2019: Revenue of $16.0M, expenses of $18.2M, and assets of $22.8M (revenue +3.7% year-over-year).
- 2018: Revenue of $15.5M, expenses of $16.9M, and assets of $23.8M (revenue -25.2% year-over-year).
- 2017: Revenue of $20.7M, expenses of $21.7M, and assets of $17.7M (revenue -5.7% year-over-year).
- 2016: Revenue of $21.9M, expenses of $22.9M, and assets of $19.4M (revenue -33.7% year-over-year).
- 2015: Revenue of $33.1M, expenses of $32.8M, and assets of $22.3M (revenue -13.7% year-over-year).
- 2014: Revenue of $38.3M, expenses of $41.3M, and assets of $26.9M (revenue +8.9% year-over-year).
- 2013: Revenue of $35.2M, expenses of $35.9M, and assets of $29.3M (revenue +27.9% year-over-year).
- 2012: Revenue of $27.5M, expenses of $27.6M, and assets of $29.6M (revenue -5.3% year-over-year).
- 2011: Revenue of $29.0M, expenses of $27.3M, and assets of $28.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Brightpoint Care Inc:
Data Sources and Methodology
This transparency report for Brightpoint Care Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.