Blue Ridge Institute Development Fund Inc

Analysis

Blue Ridge Institute Development Fund Inc is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in March 1983, 43 years ago. 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 Ridge Institute Development Fund Inc reported income of $98k and spending of $94k, spending 96% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $61k to $98k (+61%), an average of +61% a year. The sharpest change came in the year to August 2023, when income rose by 61%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blue Ridge Institute Development Fund Inc 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 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Reidland-Farley Baseball Softball Association Inc ($98k), Butts County Life Enrichment Team ($98k) and Jackson Historical Society ($98k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 49% and program service revenue 50% of the total. At year end it held assets of $121k against liabilities of $0, net assets of $121k.