Friends of Blue Hole

Analysis

Friends of Blue Hole is a registered charity in United States, based in Wimberley, TX. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Friends of Blue Hole reported income of $67k and spending of $28k, leaving 58% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $108k to $67k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 20% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Blue Hole sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Ojai Valley Defense Fund ($67k), Simon Kenton Pathfinders ($67k) and Artesia Clean & Beautiful ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $273k against liabilities of $0, net assets of $273k.