Lexington-Bluegrass Area Minority Expo Inc

Analysis

Lexington-Bluegrass Area Minority Expo Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Lexington-Bluegrass Area Minority Expo Inc reported income of $82k and spending of $91k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $82k (+8.5%), an average of +8.5% a year. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Lexington-Bluegrass Area Minority Expo Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within KY. Charities of a similar size with the same main cause include Society for Maintenance and Reliability Professionals Foundati ($82k), Silverton Downtown Association Inc ($82k) and Lica Educational Foundation for Veterans ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $42k against liabilities of $0, net assets of $42k.