Bloomingdale Family Program Inc Head Start

Analysis

Bloomingdale Family Program Inc Head Start is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1964, 62 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Bloomingdale Family Program Inc Head Start reported income of $2.2m and spending of $2.1m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.7m to $2.2m (-41%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 49%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bloomingdale Family Program Inc Head Start sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Life Skills Center of Columbus Southeast ($2.2m), Hope Haven of Northeast Georgia Inc ($2.2m) and Cheder Menachem Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $98k (4.7% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.1m against liabilities of $1.0m, net assets of $36k. It reported 53 employees.