Blue Sky Acres Inc

Analysis

Blue Sky Acres Inc is a registered charity in United States, based in Springfield, GA. It received its IRS tax-exemption ruling in June 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, Blue Sky Acres Inc reported income of $230k and spending of $165k, leaving 28% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $110k to $230k (+109%), an average of +45% a year. The sharpest change came in the year to December 2022, when income rose by 240%. Over the whole period it spent 38% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blue Sky Acres Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within GA. Charities of a similar size with the same main cause include The Remnant Outreach ($230k), Hope Pregnancy Resource Center ($230k) and Plea ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 6.9% of the total. Other salaries and wages came to $59k. At year end it held assets of $642k against liabilities of $202k, net assets of $440k. It reported 7 employees.