Kalamazoo in Bloom Inc

Analysis

Kalamazoo in Bloom Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in June 1985, 41 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Kalamazoo in Bloom Inc reported income of $116k and spending of $111k, spending 95% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $108k to $116k (+7.6%), an average of +7.6% a year. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Kalamazoo in Bloom Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within MI. Charities of a similar size with the same main cause include Acpha-Cahm Joint Commission Inc ($116k), Santa Barbara Rotary Charitable Foundation ($116k) and Glenwood Lakes Area Welcome Center ($116k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $120k against liabilities of $1,379, net assets of $118k.