Bluebonnet Home Scholars Collaborative

Analysis

Bluebonnet Home Scholars Collaborative is a registered charity in United States, based in Richmond, TX. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Bluebonnet Home Scholars Collaborative reported income of $367k and spending of $393k, spending 107% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $324k to $367k (+13%), an average of +13% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Bluebonnet Home Scholars Collaborative sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include St George Episcopal Day School Inc Permanent Endowment Fund ($367k), Gahanna-Jefferson Education Foundation ($367k) and Growing Tree Learning Center ($367k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $17k (4.4% of expenses). Other salaries and wages came to $258k. At year end it held assets of $105k against liabilities of $34k, net assets of $71k. It reported 38 employees.