Philanthropy & Grantmaking (T22) IRS Verified DX Registered 990 on File

BRIGHT HORIZONS FOUNDATION FOR CHILDREN

EIN: 62-1782263 · NEWTON, MA 02459-3225 · United States · FY 2024 Data

3 out of 5 55 / 100 Based on 2+ years of filings

Financial strength (30%) 81/100

Reliability (20%) 55/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

The Bright Horizons Foundation for Children is a nonprofit organization focused on brightening the lives of children, youth, and families experiencing homelessness and other crises. We do this by creating and supporting Bright Spaces; warm, safe, enriching spaces in homeless shelters and other agencies for children and youth to build caring relationships, heal from trauma through play, and experience the joy of childhood. The Foundation believes that we can make the world a better place by engaging Bright Horizons’ employees, clients, families, friends, and community partners to strengthen families, support our communities, share our knowledge, and encourage others to join us in making a difference.

Financial Overview — FY 2024

$725K

Total Revenue

$727K

Total Expenses

$1.5M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 84.5%

Fundraising Efficiency 52.8%

Operating Reserve 25.26x

Liability-to-Asset 1.0%

Revenue Diversification 92.0%

Compared with Peers

FY 2024

Compared with 16,669 similar organizations (United States, Philanthropy & Grantmaking, $100K–$1M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	84.5%	90.2%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	11.0%	7.9%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	4.5%	0.0%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	52.8%	7.3%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	25.3 mo	95.2 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	1.0%	0.0%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	92.0%	90.5%	P10P90	Below median
Revenue growth Year over year revenue growth	84.1%	18.5%	P10P90
Expense growth Year over year expense growth	80.0%	6.7%	P10P90
Surplus margin Surplus as a share of revenue	-0.2%	1.2%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %
2024	$725K	$727K	$1.5M	84.5%
2023	$394K	$404K	$1.5M	82.9%
2022	$485K	$362K	$1.5M	84.8%
2021	$470K	$369K	N/A	—

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Organization Details

EIN: 62-1782263
State: MA
City: NEWTON
ZIP: 02459-3225
Classification: T22
Category: Philanthropy & Grantmaking
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1999
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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