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The Blessing Foundation Inc

RegisteredEIN 37-1128705Quincy, ILHealth and saving lives
Income$5.0m2023-09
Spending$3.7msame year
Spent / received55%5-year average
Size in its cause79th pctHealth and saving lives
Exempt since1983Supporting organisation
Employees0latest return

Analysis

The Blessing Foundation Inc is a registered charity in United States, based in Quincy, IL. It received its IRS tax-exemption ruling in October 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, The Blessing Foundation Inc reported income of $5.0m and spending of $3.7m, leaving 26% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $5.3m to $5.0m (-4.5%), an average of -1.1% a year. The sharpest change came in the year to September 2021, when income rose by 174%. Over the whole period it spent 55% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Blessing Foundation Inc 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 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Abccm Doctors Medical Clinic Inc ($5.0m), Morgan County Health Council Inc ($5.0m) and Tykes & Teens Inc ($5.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $80.4m against liabilities of $30.8m, net assets of $49.6m.

Income and spending

$0$3.1m$6.2m$9.3m$12.3m2019 Income: $5,264,0412019 Spending: $3,230,73020192020 Income: $4,501,0092020 Spending: $3,138,79920202021 Income: $12,335,3612021 Spending: $4,493,24820212022 Income: $7,576,8332022 Spending: $4,416,97920222023 Income: $5,029,4982023 Spending: $3,721,9812023
IncomeSpending

Where the income comes from

  • Contributions & grants 12%
  • Other 88%

Similar-sized charities, same cause

CharityLocationIncome
Abccm Doctors Medical Clinic IncArden$5.0m
Morgan County Health Council IncWartburg$5.0m
Tykes & Teens IncStuart$5.0m
Primary Connection Health Care IncWausau$5.0m