Bli Learning Labs Incorporated

Analysis

Bli Learning Labs Incorporated is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Bli Learning Labs Incorporated reported income of $204k and spending of $206k, spending 101% of its income. Across the 3 years on record, from July 2019 to July 2023, income grew from $126k to $204k (+62%), an average of +27% a year. The sharpest change came in the year to July 2023, when income rose by 73%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bli Learning Labs Incorporated sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include West Marshall Community Schools Association ($204k), Suncoast High School Foundation Inc ($204k) and T H E O Inc ($204k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 35% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $89k (43% of expenses). Other salaries and wages came to $1,292. At year end it held assets of -$2,542 against liabilities of $16k, net assets of -$19k. It reported 5 employees.