Blankets & Bears Inc is a 501(c)(3) organization based in Billings, Montana, registered in 2015, with $10,591 in FY2025 revenue. CharityIndex grades it B.
Revenue (FY2025)
$11K
▲ 2.9% vs prior year
Philanthropy median: $168K
Expenses (FY2025)
$9,879
Net assets
$3,668
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Blankets & Bears Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Blankets & Bears Inc: 4 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Blankets & Bears Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Blankets & Bears Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $9,319 (FY2015) to $11K (FY2025) across 11 reported years.
Financial snapshot
Operating margin
6.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3,668
Net assets
$3,668
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $10,591▲2.9% | $9,879▼14.6% | $3,668▲29.5% | $3,668▲29.5% | 990EZ |
| 2024 | $10,296▲34.5% | $11,566▲6.5% | $2,833▼31.0% | $2,833▼31.0% | 990EZ |
| 2023 | $7,654▲39.5% | $10,864▼18.3% | $4,103▼43.9% | $4,103▼43.9% | 990EZ |
| 2022 | $5,488▼38.1% | $13,299▲8.6% | $7,313▼51.6% | $7,313▼51.6% | 990EZ |
| 2021 | $8,864▼33.8% | $12,245▼56.1% | $15,124▼18.3% | $15,124▼18.3% | 990EZ |
| 2020 | $13,383▼67.3% | $27,908▲0.1% | $18,505▼44.0% | $18,505▼44.0% | 990EZ |
| 2019 | $40,924▼20.1% | $27,891▼27.8% | $33,030▲65.2% | $33,030▲65.2% | 990EZ |
| 2018 | $51,201▲92.8% | $38,634▲11.9% | $19,997▲169% | $19,997▲169% | 990EZ |
| 2017 | $26,563▼27.4% | $34,539▲30.6% | $7,430▼51.8% | $7,430▼51.8% | 990EZ |
| 2016 | $36,590▲293% | $26,444▲551% | $15,406▲193% | $15,406▲193% | 990EZ |
| 2015 | $9,319 | $4,059 | $5,260 | $5,260 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Blankets & Bears Inc (EIN 47-5307572) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.