Federated Transportation Services of the Bluegrass Inc

Analysis

Federated Transportation Services of the Bluegrass Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Federated Transportation Services of the Bluegrass Inc reported income of $57.0m and spending of $53.5m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $37.0m to $57.0m (+54%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Federated Transportation Services of the Bluegrass Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within KY. Charities of a similar size with the same main cause include Catholic Charities of Los Angeles ($56.9m), Catholic Charities of the Archdiocese of Washington Inc ($57.1m) and Wayside Youth & Family Support Network ($56.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $160k (0.3% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $48.9m against liabilities of $5.7m, net assets of $43.3m. It reported 102 employees.