Blues Gym

Analysis

Blues Gym is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Blues Gym reported income of $104k and spending of $105k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $94k to $104k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2020, when income rose by 681%. Over the whole period it spent 39% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Blues Gym sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within MI. Charities of a similar size with the same main cause include Sports Beyond ($104k), South Peninsula Water Polo Foundation ($104k) and Milton Youth Basketball Club Inc ($104k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. At year end it held assets of $784k against liabilities of $100k, net assets of $684k.