Blue & Company Foundation Inc

Analysis

Blue & Company Foundation Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 & Company Foundation Inc reported income of $141k and spending of $170k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $141k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 119% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Blue & Company Foundation Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within IN. Charities of a similar size with the same main cause include Between Horses and Humans ($141k), Friends of the Cyrenius H Booth Library Inc ($141k) and Stonewall State Park Foundation Inc ($141k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.