Blue River Services Inc

Analysis

Blue River Services Inc is a registered charity in United States, based in Corydon, IN. It received its IRS tax-exemption ruling in July 1961, 65 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Blue River Services Inc reported income of $18.4m and spending of $17.4m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $15.0m to $18.4m (+23%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blue River Services Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IN. Charities of a similar size with the same main cause include St Dominic Village ($18.4m), American Independent Foundation ($18.4m) and Northland Counseling Center Inc ($18.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 57% of the total. Other salaries and wages came to $9.4m. At year end it held assets of $28.9m against liabilities of $4.1m, net assets of $24.8m. It reported 460 employees.