Blue Scholars Initiative Inc

Analysis

Blue Scholars Initiative Inc is a registered charity in United States, based in Pinecrest, 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 Scholars Initiative Inc reported income of $121k and spending of $116k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $166k to $121k (-27%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 89% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Blue Scholars Initiative Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Carbon Underground ($121k), Van Veen Heritage Garden ($121k) and Society for Conservation Gis Inc ($121k).

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 $76k (66% of expenses). It paid $350 in professional fundraising fees. At year end it held assets of $75k against liabilities of $1,423, net assets of $74k.