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Blue Investments for Nature Inc

RegisteredEIN 85-1228166Arlington, VAEnvironment and conservation
Income$30.3m2023-06
Spending$22.7msame year
Spent / received25%2-year average
Size in its cause99th pctEnvironment and conservation
Exempt since2021Supporting organisation (typ
Employees0latest return

Analysis

Blue Investments for Nature Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Blue Investments for Nature Inc reported income of $30.3m and spending of $22.7m, leaving 25% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income fell from $80.2m to $30.3m (-62%), an average of -62% a year. The sharpest change came in the year to June 2023, when income dropped by 62%. Over the whole period it spent 25% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Blue Investments for Nature Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include West Michigan Horticultural Society Inc ($30.1m), Council on the Environment Inc ($30.3m) and Iowa Natural Heritage Foundation ($29.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 59% of the total. At year end it held assets of $451.1m against liabilities of $376.4m, net assets of $74.7m.

Income and spending

$0$20.0m$40.1m$60.1m$80.2m2022 Income: $80,184,3332022 Spending: $5,360,10520222023 Income: $30,264,0632023 Spending: $22,736,3922023
IncomeSpending

Where the income comes from

  • Contributions & grants 39%
  • Program services 59%
  • Other 2.2%

Similar-sized charities, same cause

CharityLocationIncome
West Michigan Horticultural Society IncGrand Rapids$30.1m
Council on the Environment IncNew York$30.3m
Iowa Natural Heritage FoundationDes Moines$29.8m
Brooklyn Botanic Garden CorporationBrooklyn$30.5m