Blugold Real Estate Foundation Inc

Analysis

Blugold Real Estate Foundation Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in December 2014, 12 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Blugold Real Estate Foundation Inc reported income of $11.3m and spending of $4.4m, leaving 61% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $11.3m (+210%), an average of +33% a year. The sharpest change came in the year to June 2022, when income rose by 786%. Over the whole period it spent 36% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Blugold Real Estate Foundation Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within WI. Charities of a similar size with the same main cause include PHM Inver Grove Inc ($11.3m), Pensacola Habitat for Humanity Inc ($11.4m) and Habitat for Humanity of the Chesapeake Inc ($11.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 43% of the total. At year end it held assets of $100.7m against liabilities of $50.3m, net assets of $50.4m.