Blue Lab Preservation Society Inc

Analysis

Blue Lab Preservation Society Inc is a registered charity in United States, based in Miami Beach, FL. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 Lab Preservation Society Inc reported income of $81k and spending of $79k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $216k to $81k (-63%), an average of -39% a year. The sharpest change came in the year to December 2022, when income dropped by 72%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Blue Lab Preservation Society Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 35th percentile within FL. Charities of a similar size with the same main cause include Spread Eagle Chain of Lakes Inc ($80k), Roaring Fork Safe Passages ($81k) and Syracuse Parks Conservancy Inc ($80k).

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 $22k against liabilities of $12k, net assets of $10k.