Bomber Elite Inc

Analysis

Bomber Elite Inc is a registered charity in United States, based in Chagrin Falls, OH. It received its IRS tax-exemption ruling in September 2014, 12 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 December 2023, Bomber Elite Inc reported income of $182k and spending of $151k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $103k to $182k (+76%), an average of +76% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bomber Elite Inc 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 52nd percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Ec Springfield Realty Inc ($182k), Averroes Project ($182k) and Pacer Pride Inc ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 7.9% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.