Blue Tower Solutions Inc

Analysis

Blue Tower Solutions Inc is a registered charity in United States, based in Park Forest, IL. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Blue Tower Solutions Inc reported income of $233k and spending of $278k, spending 119% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $257k to $233k (-9.2%), an average of -3.2% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Blue Tower Solutions Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include United Way of White County Inc ($233k), Capital City Community Foundation ($233k) and Deacons of Deadwood ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.