Geauga Bluecoats Inc

Analysis

Geauga Bluecoats Inc is a registered charity in United States, based in Chagrin Falls, OH. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Geauga Bluecoats Inc reported income of $202k and spending of $69k, leaving 66% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $160k to $202k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 19% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Geauga Bluecoats Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Hartford Bridge Club ($202k), Faith in Action Caregivers Inc ($202k) and Personalized Estate Liquidation Benefiting Youth Inc ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 13% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.