Bluebird Education Network Inc

Analysis

Bluebird Education Network Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in February 2005, 21 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 June 2023, Bluebird Education Network Inc reported income of $19.0m and spending of $15.9m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.0m to $19.0m (+111%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bluebird Education Network Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include Orange Grove Elementary Charter School ($19.0m), New Schools for New Orleans Inc ($19.0m) and Live Oak a Learning Center for Children ($19.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $141k (0.9% of expenses). Other salaries and wages came to $12.0m. At year end it held assets of $17.7m against liabilities of $13.6m, net assets of $4.1m. It reported 98 employees.