Blues for Kids

Analysis

Blues for Kids is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Blues for Kids reported income of $1.7m and spending of $1.6m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.7m (-29%), an average of -8.1% a year. The sharpest change came in the year to December 2020, when income dropped by 57%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blues for Kids sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within MO. Charities of a similar size with the same main cause include Surry-Yadkin Residential Services ($1.7m), Horn of Africa Community in North America ($1.7m) and Gold Country Community Services ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $2.0m against liabilities of $928k, net assets of $1.1m.