Bloomington Developmental Learning Center Incorporated

Analysis

Bloomington Developmental Learning Center Incorporated is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in August 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bloomington Developmental Learning Center Incorporated reported income of $1.4m and spending of $1.5m, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+37%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bloomington Developmental Learning Center Incorporated sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within IN. Charities of a similar size with the same main cause include Oregon Nanoscience and Microtechnologies Institute ($1.4m), Knox School of Santa Barbara ($1.4m) and Whitefish Christian Academy ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $1.1m against liabilities of $354k, net assets of $724k. It reported 82 employees.