Blue Adobe Project
Analysis
Blue Adobe Project is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in April 2008, 18 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 2024, Blue Adobe Project reported income of $1.3m and spending of $1.2m, spending 90% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $685k to $1.3m (+87%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 97% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Blue Adobe Project sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 79th percentile within AZ. Charities of a similar size with the same main cause include Kor Education School ($1.3m), Theirworld USA Inc ($1.3m) and Lorien Wood ($1.3m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $43k (3.7% of expenses). Other salaries and wages came to $506k. At year end it held assets of $503k against liabilities of $469k, net assets of $34k. It reported 25 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.9%
- Program services 91%
- Other 8.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kor Education School | College Sta | $1.3m |
| Theirworld USA Inc | New York | $1.3m |
| Lorien Wood | Vienna | $1.3m |
| Fayetteville Technical Community College Foundation Inc | Fayetteville | $1.3m |