Bloom BC

Analysis

Bloom BC is a registered charity in United States, based in Sherwood, MI. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Bloom BC reported income of $149k and spending of $158k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $149k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 94% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Bloom BC sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include 2dogs Foundation ($149k), The Wright Ranch Rescue Inc ($149k) and Central Coast Humane Society Inc ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $35k, net assets of $6,939.