Blessman International Inc

Analysis

Blessman International Inc is a registered charity in United States, based in Urbandale, IA. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Blessman International Inc reported income of $1.6m and spending of $1.4m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.6m (-6.8%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Blessman International Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within IA. Charities of a similar size with the same main cause include Addario Lung Cancer Medical Institute ($1.6m), Bridge the Gap Inc ($1.6m) and Midwest Cardiovascular Research Foundation ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 7.0% of the total. Compensation of current officers, directors and key employees was $39k (2.7% of expenses). Other salaries and wages came to $323k. At year end it held assets of $1.9m against liabilities of $145k, net assets of $1.7m. It reported 10 employees.