Bloomfield Hills Schools Foundation

Analysis

Bloomfield Hills Schools Foundation is a registered charity in United States, based in Bloomfield Hills, MI. 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 June 2024, Bloomfield Hills Schools Foundation reported income of $78k and spending of $40k, leaving 49% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $61k to $78k (+26%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bloomfield Hills Schools Foundation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within MI. Charities of a similar size with the same main cause include Nowata City-County Library ($78k), Greenplay Northwest ($78k) and Oak Creek Elementary PTO ($78k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 81% of the total. At year end it held assets of $364k against liabilities of $0, net assets of $364k.