Blue Chip Player Development

Analysis

Blue Chip Player Development is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in November 2020, 6 years ago. 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 December 2023, Blue Chip Player Development reported income of $703k and spending of $675k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $498k to $703k (+41%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blue Chip Player Development sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MI. Charities of a similar size with the same main cause include Burr Community Afterschool Program Inc ($702k), Nourish Kauai Ohana ($703k) and North Central Kansas Health Care Foundation ($702k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $59k (8.8% of expenses). Other salaries and wages came to $176k. At year end it held assets of $105k against liabilities of $4,097, net assets of $101k. It reported 5 employees.