Blue Water Christian Life Association Inc

Analysis

Blue Water Christian Life Association Inc is a registered charity in United States, based in Kimball, MI. It received its IRS tax-exemption ruling in October 1991, 35 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 July 2023, Blue Water Christian Life Association Inc reported income of $1.0m and spending of $1.0m, spending 102% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $684k to $1.0m (+49%), an average of +14% a year. The sharpest change came in the year to July 2022, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blue Water Christian Life Association Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within MI. Charities of a similar size with the same main cause include Methow Valley Education Foundation ($1.0m), Advocates for Victims of Assault Inc ($1.0m) and On Site Opera Inc ($1.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 6.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $36k (3.4% of expenses). Other salaries and wages came to $557k. At year end it held assets of $896k against liabilities of $105k, net assets of $791k. It reported 68 employees.