Bloomington Public Schools District 87 Foundation Inc

Analysis

Bloomington Public Schools District 87 Foundation Inc is a registered charity in United States, based in Bloomington, IL. It received its IRS tax-exemption ruling in June 2009, 17 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 December 2023, Bloomington Public Schools District 87 Foundation Inc reported income of $94k and spending of $59k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $100k to $94k (-6.1%), an average of -1.6% a year. The sharpest change came in the year to December 2021, when income rose by 129%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bloomington Public Schools District 87 Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Montana Tech Alumni Association ($94k), Darcy Akers Ormond Beach Rotary Scholarship Fund Inc ($94k) and Africa Agility ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.