Project Blue Corps

Analysis

Project Blue Corps is a registered charity in United States, based in Compton, CA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Project Blue Corps reported income of $590k and spending of $587k, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $452k to $590k (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Project Blue Corps sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Youth Village Inc ($590k), Pal of Massachusetts Inc ($590k) and East Bay Youth Development Foundation Inc ($590k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $220k (37% of expenses). It paid $19k in professional fundraising fees. At year end it held assets of $166k against liabilities of $0, net assets of $166k. It reported 2 employees.