Blue Atlas

Analysis

Blue Atlas is a registered charity in United States, based in Blanchester, OH. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Atlas reported income of $77k and spending of $137k, spending 178% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $260k to $77k (-70%), an average of -70% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Blue Atlas sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within OH. Charities of a similar size with the same main cause include Community Development Foundation of Jones County Inc ($77k), New Providence Downtown Improvement District Inc ($77k) and Friends of Westport Parks and Recreation Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.