Blue Coats Inc

Analysis

Blue Coats Inc is a registered charity in United States, based in New Franklin, OH. It received its IRS tax-exemption ruling in October 1960, 66 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Blue Coats Inc reported income of $315k and spending of $263k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $273k to $315k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2020, when income dropped by 20%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blue Coats Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within OH. Charities of a similar size with the same main cause include Transformations by Austin Angels ($315k), Fairburn Youth Association ($315k) and Center for Impact Research ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. Compensation of current officers, directors and key employees was $52k (20% of expenses). At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.