Blaze Credit Union Foundation

Analysis

Blaze Credit Union Foundation is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in November 2017, 9 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, Blaze Credit Union Foundation reported income of $343k and spending of $248k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $222k to $343k (+54%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 77% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Blaze Credit Union Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within MN. Charities of a similar size with the same main cause include United Way of Auglaize Co Oh Inc ($343k), Chun Family Foundation Inc ($343k) and Corner Cupboard Charities of Greater Dayton Inc ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $249k against liabilities of $0, net assets of $249k. It reported 1 employees.