Blue River II Inc

Analysis

Blue River II Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Blue River II Inc reported income of $174k and spending of $200k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $143k to $174k (+21%), an average of +5.0% a year. Over the whole period it spent 114% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Blue River II Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within IN. Charities of a similar size with the same main cause include Abba House Foundation ($174k), Solid Rock Carpenters ($174k) and Creative Housing Inc ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 58% of the total. At year end it held assets of $898k against liabilities of $1.4m, net assets of -$506k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.