Bloomington Community Park and Recreation Foundation Inc

Analysis

Bloomington Community Park and Recreation Foundation Inc is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Community Park and Recreation Foundation Inc reported income of $169k and spending of $859k, spending 509% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $113k to $169k (+49%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 245%. Over the whole period it spent 172% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bloomington Community Park and Recreation Foundation Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within IN. Charities of a similar size with the same main cause include Northwest Pacific Linemen Rodeo ($169k), Ur Community Cares Inc ($169k) and Volunteer Ascension ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $909k against liabilities of $0, net assets of $909k.