BLSSD Future Inc

Analysis

BLSSD Future Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, BLSSD Future Inc reported income of $56k and spending of $40k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $56k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 75% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, BLSSD Future Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Wacheva Cultural Arts Inc ($56k), Centerstage Clovis Community Theatre ($56k) and Campbell County Historical Society ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.