Bluesky Global Ministries Inc

Analysis

Bluesky Global Ministries Inc is a registered charity in United States, based in Peachtree Cty, GA. It received its IRS tax-exemption ruling in July 2004, 22 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, Bluesky Global Ministries Inc reported income of $1.3m and spending of $1.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $727k to $1.3m (+79%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bluesky Global Ministries Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within GA. Charities of a similar size with the same main cause include Bnei David Foundation ($1.3m), Overseas Campus Ministries Inc ($1.3m) and Ccic ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $316k (23% of expenses). Other salaries and wages came to $219k. At year end it held assets of $514k against liabilities of $0, net assets of $514k. It reported 14 employees.