Blue Envelope Health Fund Inc

Analysis

Blue Envelope Health Fund Inc is a registered charity in United States, based in Casper, WY. It received its IRS tax-exemption ruling in July 1961, 65 years ago. 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 Envelope Health Fund Inc reported income of $59k and spending of $273k, spending 459% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $232k to $59k (-74%), an average of -29% a year. The sharpest change came in the year to December 2021, when income rose by 86%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blue Envelope Health Fund Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within WY. Charities of a similar size with the same main cause include Van Hornesville Community Corporation ($59k), Lake Darling Youth Center Inc ($59k) and The Fund for Blood and Cancer Research Inc ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $2.5m against liabilities of $0, net assets of $2.5m.