Blue Water Scholarship Fund

Analysis

Blue Water Scholarship Fund is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Water Scholarship Fund reported income of $198k and spending of $209k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $84k to $198k (+137%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 139%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blue Water Scholarship Fund sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Union City Area School District Foundation ($198k), Chicago Dermatological Society Inc ($198k) and Mountain Sprouts Preschool Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $270, net assets of $73k.