Blue Fire Legacy

Analysis

Blue Fire Legacy is a registered charity in United States, based in Van Vleck, TX. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Blue Fire Legacy reported income of $55k and spending of $45k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $46k to $55k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Blue Fire Legacy sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Chinese Coordination Center for World Evangelism ($55k), Sound of Love Inc ($55k) and Resourcelinks ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $150k against liabilities of $5,000, net assets of $145k.