Saving the Blue Inc

Analysis

Saving the Blue Inc is a registered charity in United States, based in Davie, FL. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Saving the Blue Inc reported income of $528k and spending of $417k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $292k to $528k (+81%), an average of +34% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Saving the Blue Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within FL. Charities of a similar size with the same main cause include Theatre South Playhouse Inc ($528k), American Society for the Royal Academy of Music Inc ($528k) and Vermont Independent Media Inc ($528k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (15% of expenses). At year end it held assets of $319k against liabilities of $33k, net assets of $286k. It reported 2 employees.