Blue River Foundation Inc

Analysis

Blue River Foundation Inc is a registered charity in United States, based in Shelbyville, IN. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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 River Foundation Inc reported income of $5.7m and spending of $4.1m, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $5.7m (+60%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 147%. Over the whole period it spent 72% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Blue River Foundation Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within IN. Charities of a similar size with the same main cause include J a & Leta M Chapman TR 10267 ($5.7m), United Way of Greater Stark County Inc ($5.7m) and Pebble Beach Company Foundation ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 9.2% of the total. Compensation of current officers, directors and key employees was $91k (2.2% of expenses). Other salaries and wages came to $295k. At year end it held assets of $54.3m against liabilities of $4.8m, net assets of $49.5m. It reported 7 employees.