Bloomington Athletic Association

Analysis

Bloomington Athletic Association is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Bloomington Athletic Association reported income of $459k and spending of $439k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $320k to $459k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 484%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bloomington Athletic Association sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within MN. Charities of a similar size with the same main cause include Gilbert Youth Soccer Association ($459k), State Games of Mississippi ($459k) and The Warren County Fair Association ($459k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $73k (17% of expenses). At year end it held assets of $312k against liabilities of $0, net assets of $312k. It reported 22 employees.