Blaqout

Analysis

Blaqout is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2021, Blaqout reported income of $831k and spending of $813k, spending 98% of its income. Across the 2 years on record, from December 2020 to December 2021, income grew from $228k to $831k (+264%), an average of +264% a year. The sharpest change came in the year to December 2021, when income rose by 264%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Blaqout sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within MO. Charities of a similar size with the same main cause include Sanctuary Counseling Group ($831k), PKD Free Babies Alliance Ltd ($831k) and Rathgeber Hospitality House Inc ($830k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 60% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $93k (11% of expenses). Other salaries and wages came to $196k. At year end it held assets of $127k against liabilities of $101k, net assets of $26k. It reported 11 employees.