Bliss Spiritual Co-Op

Analysis

Bliss Spiritual Co-Op is a registered charity in United States, based in Mt Pleasant, SC. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Bliss Spiritual Co-Op reported income of $65k and spending of $61k, spending 94% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $51k to $65k (+27%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bliss Spiritual Co-Op sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 31st percentile within SC. Charities of a similar size with the same main cause include Math & Democracy ($64k), Fareground Community Kitchen ($65k) and United by BBQ Inc ($64k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 19% of the total. At year end it held assets of $47k against liabilities of $762, net assets of $46k.