Blue Ridge Center

Analysis

Blue Ridge Center is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 Ridge Center reported income of $516k and spending of $398k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $422k to $516k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Blue Ridge Center sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Franklinton Cycleworks ($516k), The Appeal of the Nobel Peace Laureates Foundation Inc ($516k) and The Mirasol Foundation Inc ($516k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $70k (18% of expenses). Other salaries and wages came to $25k. At year end it held assets of $430k against liabilities of $0, net assets of $430k. It reported 2 employees.