Blossom Foundation Inc

Analysis

Blossom Foundation Inc is a registered charity in United States, based in Graham, TX. It received its IRS tax-exemption ruling in August 2018, 8 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 December 2023, Blossom Foundation Inc reported income of $1.4m and spending of $601k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $608k to $1.4m (+136%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 290%. Over the whole period it spent 40% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blossom Foundation Inc 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 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Change and New Beginnings Canb ($1.4m), Shepherds Heart Food Pantry & Community Ministries ($1.4m) and The Lighthouse Foundation ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $3.4m against liabilities of $814k, net assets of $2.6m.