Jewish Federation of the Bluegrass Inc

Analysis

Jewish Federation of the Bluegrass Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in January 1977, 49 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, Jewish Federation of the Bluegrass Inc reported income of $470k and spending of $480k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $367k to $470k (+28%), an average of +6.4% a year. The sharpest change came in the year to December 2021, when income rose by 111%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jewish Federation of the Bluegrass Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within KY. Charities of a similar size with the same main cause include Cotton Charitable Foundation ($470k), Community Relief Fund for Glasgow- Barren County Inc ($471k) and Arch Street Meeting House Preservation Trust ($470k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $125k (26% of expenses). Other salaries and wages came to $100k. At year end it held assets of $971k against liabilities of $41k, net assets of $931k.