Blue Sky Institure

Analysis

Blue Sky Institure is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Institure reported income of $57k and spending of $134k, spending 234% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $329k to $57k (-83%), an average of -83% a year. The sharpest change came in the year to December 2023, when income dropped by 83%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Blue Sky Institure 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 21st percentile within UT. Charities of a similar size with the same main cause include Colleyville Public Library Foundation ($57k), Foundation for the West York Area School District Inc ($57k) and Christian Halls International ($57k).

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 $21k against liabilities of $0, net assets of $21k.