Blossomtime Scholarship Fund

Analysis

Blossomtime Scholarship Fund is a registered charity in United States, based in St Joseph, MI. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Blossomtime Scholarship Fund reported income of $195k and spending of $146k, leaving 25% of income unspent that year. Across the 4 years on record, from August 2020 to August 2023, income grew from $144k to $195k (+36%), an average of +11% a year. The sharpest change came in the year to August 2022, when income rose by 584%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blossomtime Scholarship Fund 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 53rd percentile, and in the 53rd percentile within MI. Charities of a similar size with the same main cause include Scott Credit Union Community Foundation ($195k), Glenn High School Band Booster Club ($195k) and Houston Engineer Week Commitee ($195k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 22% of the total. Other salaries and wages came to $57k. At year end it held assets of $305k against liabilities of $239, net assets of $304k. It reported 3 employees.