Blue Ladies Minerals Inc

Analysis

Blue Ladies Minerals Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3).

In the financial year ending June 2023, Blue Ladies Minerals Inc reported income of $153k and spending of $188k, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $119k to $153k (+29%), an average of +6.5% a year. Over the whole period it spent 132% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blue Ladies Minerals Inc 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 48th percentile, and in the 45th percentile within MO. Charities of a similar size with the same main cause include Future Farmers of America State Associations & Local Chapter ($153k), The Twelve Step House ($153k) and Boy Scouts of America ($153k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $821k against liabilities of $56k, net assets of $766k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.