Bounty Collegium

Analysis

Bounty Collegium is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bounty Collegium reported income of $634k and spending of $553k, spending 87% of its income. Across the 2 years on record, from December 2021 to December 2023, income grew from $276k to $634k (+129%), an average of +129% a year. The sharpest change came in the year to December 2023, when income rose by 129%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bounty Collegium sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Kim Com Promotion Ltd ($634k), Creekside Christian Montessori Inc ($634k) and Colorado Aerolab Inc ($634k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $321k. At year end it held assets of $919k against liabilities of $838k, net assets of $81k.