Blue Earth Area School Foundation

Analysis

Blue Earth Area School Foundation is a registered charity in United States, based in Blue Earth, MN. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Earth Area School Foundation reported income of $55k and spending of $63k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $57k to $55k (-3.2%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blue Earth Area School Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within MN. Charities of a similar size with the same main cause include The Process of Collaboration a Circle of Ten ($55k), The Eye Centers of Tennessee Foundation ($56k) and Alabama Recreation and Parks Foundation ($55k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $673k against liabilities of $0, net assets of $673k.