Blues Kids Foundation

Analysis

Blues Kids Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Blues Kids Foundation reported income of $189k and spending of $193k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $238k to $189k (-20%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Blues Kids Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within IL. Charities of a similar size with the same main cause include Beat ($189k), Northeast Massachusetts Youth Orchestras Inc ($189k) and CSRM Foundation Inc ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.