Blessey Charities Inc

Analysis

Blessey Charities Inc is a registered charity in United States, based in Harahan, LA. It received its IRS tax-exemption ruling in August 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Blessey Charities Inc reported income of $840k and spending of $436k, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $331k to $840k (+154%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 119%. Over the whole period it spent 71% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Blessey Charities Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within LA. Charities of a similar size with the same main cause include Michael Rolfe Pancreatic Cancer Foundation ($839k), Arcadia Live Inc ($841k) and Community Chest of Port Washington Inc ($839k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $707k against liabilities of $0, net assets of $707k.