Blue Card Inc

Analysis

Blue Card Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1944, 82 years ago. Its declared purposes cover human services, 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, Blue Card Inc reported income of $3.7m and spending of $3.9m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.4m to $3.7m (-32%), an average of -9.1% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blue Card Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Accompany Capital Inc ($3.7m), National Parents Union Inc ($3.7m) and Rankin Christian Center ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $642k. At year end it held assets of $2.9m against liabilities of $29k, net assets of $2.9m. It reported 8 employees.