Health & Bloom Corporation

Analysis

Health & Bloom Corporation is a registered charity in United States, based in Milton, GA. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 December 2023, Health & Bloom Corporation reported income of $509k and spending of $395k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $306k to $509k (+67%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 152%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Health & Bloom Corporation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include Community Warehouse Project of Chester County ($509k), First Born Program of Los Alamos County ($509k) and Raindrop Early Learning Center ($509k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $173k against liabilities of $0, net assets of $173k.