Blue Sky Maritime Coalition Inc

Analysis

Blue Sky Maritime Coalition Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in July 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 December 2023, Blue Sky Maritime Coalition Inc reported income of $670k and spending of $702k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $282k to $670k (+138%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 114%. Over the whole period it spent 84% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Blue Sky Maritime Coalition Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Keep Phoenix Beautiful Inc ($670k), Woodland Arboretum Foundation ($670k) and Keep Pinellas Beautiful Inc ($669k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $238k (34% of expenses). Other salaries and wages came to $86k. At year end it held assets of $244k against liabilities of $0, net assets of $244k. It reported 3 employees.