Blue Learning
Analysis
Blue Learning is a registered charity in United States, based in Lewisville, TX. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Blue Learning reported income of $21.0m and spending of $18.2m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.7m to $21.0m (+1107%), an average of +86% a year. The sharpest change came in the year to June 2021, when income rose by 521%. Over the whole period it spent 70% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Blue Learning 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 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Alder Graduate School of Education ($21.0m), Avant Garde Academy Foundation Inc ($21.0m) and Fayetteville Area Health Education Foundation Inc ($21.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $189k (1.0% of expenses). Other salaries and wages came to $5.5m. At year end it held assets of $20.4m against liabilities of $1.8m, net assets of $18.6m. It reported 86 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.7%
- Program services 98%
- Other 1.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alder Graduate School of Education | Redwood City | $21.0m |
| Avant Garde Academy Foundation Inc | Hollywood | $21.0m |
| Fayetteville Area Health Education Foundation Inc | Fayetteville | $21.0m |
| Cristo Rey Philadelphia High School | Philadelphia | $21.0m |