Bloomfield Youth Aid Foundation Inc

Analysis

Bloomfield Youth Aid Foundation Inc is a registered charity in United States, based in Bloomfield, NJ. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Bloomfield Youth Aid Foundation Inc reported income of $89k and spending of $67k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $89k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bloomfield Youth Aid Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Changing Course Foundation ($89k), National Charity League Inc - the Preston Bluebonnet Chapter ($89k) and Hendersonville In-Line Hockey Association ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.