Blue Butterfly Foundation Inc

Analysis

Blue Butterfly Foundation Inc is a registered charity in United States, based in Tillson, NY. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 August 2023, Blue Butterfly Foundation Inc reported income of $62k and spending of $76k, spending 123% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $32k to $62k (+91%), an average of +91% a year. The sharpest change came in the year to August 2023, when income rose by 91%. Over the whole period it spent 151% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Blue Butterfly Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 26th percentile within NY. Charities of a similar size with the same main cause include General Federation of Womens Clubs Arizona Inc ($62k), CJR Memorial Foundation ($62k) and Junior Auxiliary of Brookhaven Mississippi Inc ($62k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $43k against liabilities of $30k, net assets of $13k.