Bloom Family Designs

Analysis

Bloom Family Designs is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 2019, 7 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 May 2023, Bloom Family Designs reported income of $76k and spending of $73k, spending 95% of its income. Across the 2 years on record, from May 2022 to May 2023, income fell from $109k to $76k (-30%), an average of -30% a year. The sharpest change came in the year to May 2023, when income dropped by 30%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bloom Family Designs sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within TN. Charities of a similar size with the same main cause include Doylestown Business and Community Alliance ($76k), Transitions 2 Success ($76k) and Alpha Pregnancy Support Inc ($76k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.