Bloomfield Community School Foundation

Analysis

Bloomfield Community School Foundation is a registered charity in United States, based in Bloomfield, NE. It received its IRS tax-exemption ruling in May 1993, 33 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, Bloomfield Community School Foundation reported income of $55k and spending of $75k, spending 136% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $48k to $55k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2020, when income rose by 43%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bloomfield Community School Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within NE. Charities of a similar size with the same main cause include Dean S Luce School Capt Inc ($55k), Women in Measurement Inc ($55k) and Randal Gardner Scholarship Fund Inc ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $543k against liabilities of $0, net assets of $543k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.