Bloom360 Learning Community Inc

Analysis

Bloom360 Learning Community Inc is a registered charity in United States, based in East Troy, WI. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bloom360 Learning Community Inc reported income of $751k and spending of $657k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $372k to $751k (+102%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bloom360 Learning Community Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within WI. Charities of a similar size with the same main cause include Achievement Rewards for College Scientists Foundation Inc ($751k), Messenger College Inc ($751k) and Southern California Library for Social Studies & Research ($751k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $83k (13% of expenses). Other salaries and wages came to $312k. It paid $1,941 in professional fundraising fees. At year end it held assets of $240k against liabilities of $146k, net assets of $94k. It reported 9 employees.