Beyond Blue Corporation

Analysis

Beyond Blue Corporation is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Beyond Blue Corporation reported income of $7.9m and spending of $4.0m, leaving 49% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $302k to $7.9m (+2515%), an average of +197% a year. The sharpest change came in the year to June 2021, when income rose by 886%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Beyond Blue Corporation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within KY. Charities of a similar size with the same main cause include Sunshine High School - Greater Orlando Campus Inc ($7.9m), Neca-Ibew Electrical Training Trust ($7.9m) and Nicholls State University Foundation ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $12.5m against liabilities of $75k, net assets of $12.4m.