Hastings Catholic Schools - B L U E Inc

Analysis

Hastings Catholic Schools - B L U E Inc is a registered charity in United States, based in Hastings, NE. It received its IRS tax-exemption ruling in February 1998, 28 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 August 2023, Hastings Catholic Schools - B L U E Inc reported income of $390k and spending of $385k, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $292k to $390k (+33%), an average of +7.4% a year. The sharpest change came in the year to August 2021, when income rose by 27%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hastings Catholic Schools - B L U E Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within NE. Charities of a similar size with the same main cause include Trends Charitable Fund ($390k), General Sports Foundation ($390k) and Alleghany Memorial Hospital Foundation Inc ($389k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $286k against liabilities of $261k, net assets of $25k.