Old Blue Rugby Foundation Inc

Analysis

Old Blue Rugby Foundation Inc is a registered charity in United States, based in Ridgewood, NJ. It received its IRS tax-exemption ruling in August 1985, 41 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Old Blue Rugby Foundation Inc reported income of $133k and spending of $202k, spending 152% of what it took in. Across the 4 years on record, from December 2018 to December 2021, income fell from $175k to $133k (-24%), an average of -8.8% a year. The sharpest change came in the year to December 2019, when income rose by 68%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Old Blue Rugby Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include Colorado Avalanche Alumni Association ($133k), Chicago Area Mountain Bikers Inc ($133k) and Nipomo Football League Inc ($133k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 76% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.