The Bloedel Reserve

Analysis

The Bloedel Reserve is a registered charity in United States, based in Bainbridge Is, WA. It received its IRS tax-exemption ruling in July 2015, 11 years ago. 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, The Bloedel Reserve reported income of $3.8m and spending of $4.3m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $3.8m (-0.8%), an average of -0.2% a year. The sharpest change came in the year to December 2021, when income rose by 57%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Bloedel Reserve sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Tomorrows Leadership Collaborative Charter School ($3.8m), A Childs Haven Inc ($3.8m) and Carpenters Housing Corp ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $585k (13% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $32.6m against liabilities of $687k, net assets of $31.9m. It reported 55 employees.