Bloomingdale Athletic Club

Analysis

Bloomingdale Athletic Club is a registered charity in United States, based in Bloomingdale, IL. It received its IRS tax-exemption ruling in September 1975, 51 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 January 2024, Bloomingdale Athletic Club reported income of $329k and spending of $319k, spending 97% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $180k to $329k (+83%), an average of +16% a year. The sharpest change came in the year to January 2022, when income rose by 2085%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bloomingdale Athletic Club sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Ohio Mennonite Camp Association ($329k), Beverly Youth Hockey Association Inc ($329k) and Friends of Oconomowoc Parks and Trails Inc ($329k).

On its Form 990 for the period ending January 2024, revenue came from program service revenue 92% of the total. At year end it held assets of $75k against liabilities of $7,791, net assets of $67k.