Spirit of Blue Foundation

Analysis

Spirit of Blue Foundation is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 2012, 14 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 (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, Spirit of Blue Foundation reported income of $190k and spending of $257k, spending 135% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $199k to $190k (-4.2%), an average of -4.2% a year. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Spirit of Blue Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within OR. Charities of a similar size with the same main cause include St Francis of Assisi Residences at Braintree III Inc ($190k), Peaceful Living Homes ($190k) and Brownton Housing Corporation ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $48k against liabilities of $2,576, net assets of $45k.