Bluecoats Inc

Analysis

Bluecoats Inc is a registered charity in United States, based in Beachwood, OH. It received its IRS tax-exemption ruling in January 1958, 68 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 September 2023, Bluecoats Inc reported income of $635k and spending of $681k, spending 107% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.8m to $635k (-64%), an average of -22% a year. The sharpest change came in the year to September 2020, when income dropped by 68%. Over the whole period it spent 58% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Bluecoats Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include International Society for the Prevention of Child Abuse and Negl ($635k), Dauphin County Pretrial Services Agency ($635k) and Cops Direct ($634k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $85k (13% of expenses). At year end it held assets of $7.1m against liabilities of $0, net assets of $7.1m. It reported 3 employees.