Blue Hill Observatory Science Center Inc
Analysis
Blue Hill Observatory Science Center Inc is a registered charity in United States, based in Milton, MA. It received its IRS tax-exemption ruling in April 1985, 41 years ago. 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 August 2022, Blue Hill Observatory Science Center Inc reported income of $526k and spending of $392k, leaving 26% of income unspent that year. Across the 4 years on record, from August 2019 to August 2022, income grew from $328k to $526k (+60%), an average of +17% a year. The sharpest change came in the year to August 2022, when income rose by 46%. Over the whole period it spent 87% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blue Hill Observatory Science Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Winona Arms Inc ($526k), Masters Plan Ministries Inc ($526k) and Mke Air & Water Show Inc ($526k).
On its Form 990 for the period ending August 2022, revenue came from contributions and grants 76% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $60k (15% of expenses). Other salaries and wages came to $124k. At year end it held assets of $389k against liabilities of $25k, net assets of $364k. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 76%
- Program services 21%
- Other 3.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Winona Arms Inc | Minneapolis | $526k |
| Masters Plan Ministries Inc | Jasper | $526k |
| Mke Air & Water Show Inc | Milwaukee | $526k |
| Danbury Youth Services Inc | Danbury | $526k |