Bloomington Cooperative Living Incorporated

Analysis

Bloomington Cooperative Living Incorporated is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Bloomington Cooperative Living Incorporated reported income of $510k and spending of $552k, spending 108% of what it took in. Across the 6 years on record, from July 2018 to July 2023, income grew from $274k to $510k (+86%), an average of +13% a year. The sharpest change came in the year to July 2023, when income rose by 46%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Bloomington Cooperative Living Incorporated sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Greater Houston Fair Housing Center Inc ($510k), Evangeline Booth Residence Inc ($510k) and Loving Care Senior Services Inc ($510k).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $1.3m against liabilities of $1.2m, net assets of $118k.