Bloom Our Youth Inc

Analysis

Bloom Our Youth Inc is a registered charity in United States, based in Fayetteville, GA. It received its IRS tax-exemption ruling in November 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Bloom Our Youth Inc reported income of $4.8m and spending of $4.9m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.8m to $4.8m (+26%), an average of +8.0% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bloom Our Youth Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within GA. Charities of a similar size with the same main cause include Snowcap Community Services ($4.8m), Rian Immigrant Center Inc ($4.8m) and Golden Empire Gleaners ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $127k (2.6% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.9m against liabilities of $47k, net assets of $3.9m. It reported 47 employees.