Bloomsbury Farm School

Analysis

Bloomsbury Farm School is a registered charity in United States, based in Smyrna, TN. It received its IRS tax-exemption ruling in September 2022, 4 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, Bloomsbury Farm School reported income of $416k and spending of $308k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $242k to $416k (+72%), an average of +72% a year. The sharpest change came in the year to December 2023, when income rose by 72%. 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, Bloomsbury Farm School 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 67th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Heritage Christian Educational Ministries Inc ($416k), Houston Focus Academy Inc ($416k) and Given Tufts Foundation Inc ($416k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Other salaries and wages came to $231k. At year end it held assets of $325k against liabilities of $160k, net assets of $165k. It reported 3 employees.