American Friends of Blue Ventures Inc

Analysis

American Friends of Blue Ventures Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 June 2024, American Friends of Blue Ventures Inc reported income of $1.1m and spending of $1.2m, spending 105% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $565k to $1.1m (+96%), an average of +96% a year. The sharpest change came in the year to June 2024, when income rose by 96%. Over the whole period it spent 98% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, American Friends of Blue Ventures Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within VA. Charities of a similar size with the same main cause include Beyond Toxics ($1.1m), Real Organic Project Inc ($1.1m) and Puget Soundkeeper Alliance ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $5,923, net assets of $40k.