Friends of Bluestone Inc

Analysis

Friends of Bluestone Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Bluestone Inc reported income of $68k and spending of $37k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $68k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Friends of Bluestone Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within WV. Charities of a similar size with the same main cause include Epworth Center ($68k), Good Steward Mission International ($68k) and Greater Toledo House of Prayer ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.