Blue Claws Charities Inc

Analysis

Blue Claws Charities Inc is a registered charity in United States, based in Lakewood, NJ. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 October 2023, Blue Claws Charities Inc reported income of $93k and spending of $92k, spending 99% of its income. Across the 2 years on record, from October 2022 to October 2023, income grew from $69k to $93k (+35%), an average of +34% a year. The sharpest change came in the year to October 2023, when income rose by 35%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blue Claws Charities Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 43rd percentile within NJ. Charities of a similar size with the same main cause include Bella Vista Courtesy Van Inc ($93k), Wisconsin Bankers Foundation Inc ($93k) and Chaves County Retired Senior Volunteers Foundation Incorporated ($93k).

On its Form 990-EZ for the period ending October 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $56k against liabilities of $43k, net assets of $12k.