Bundles of Love

Analysis

Bundles of Love is a registered charity in United States, based in Apple Valley, MN. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Bundles of Love reported income of $411k and spending of $422k, spending 102% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $521k to $411k (-21%), an average of -4.6% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bundles of Love sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Warwick Community Bandwagon Inc ($411k), Kids Inter-Disciplinary Services Inc ($411k) and Baker Prevention Coalition ($411k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.