Bloomington Remembers Veterans

Analysis

Bloomington Remembers Veterans is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2024, Bloomington Remembers Veterans reported income of $164k and spending of $126k, leaving 23% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $124k to $164k (+32%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 32%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bloomington Remembers Veterans sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include Christan Mission to the Orient ($164k), Little League Baseball Inc ($164k) and Whaling City Little Baseball League ($164k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $189k against liabilities of $0, net assets of $189k.