Blumont International Inc

Analysis

Blumont International Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Blumont International Inc reported income of $16.4m and spending of $16.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.5m to $16.4m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 104% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Blumont International Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within VA. Charities of a similar size with the same main cause include Religious Zionist Youth Movement- Bnei Akiva of the U S & Canada Inc ($16.4m), Hope of Life International ($16.7m) and American Leprosy Missions Inc ($16.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $9.5m against liabilities of $14.0m, net assets of -$4.4m.