Bluebirds Hope Inc

Analysis

Bluebirds Hope Inc is a registered charity in United States, based in Marion, TX. It received its IRS tax-exemption ruling in August 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 December 2023, Bluebirds Hope Inc reported income of $77k and spending of $240k, spending 312% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.0m to $77k (-92%), an average of -58% a year. The sharpest change came in the year to December 2022, when income rose by 1677%. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bluebirds Hope Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include CMG Global Foundation Corp ($77k), Nature Rights Council ($77k) and Church Street Commomn Inc ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $118k (49% of expenses). Other salaries and wages came to $23k. At year end it held assets of $589k against liabilities of $20k, net assets of $569k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.