New Vista of the Bluegrass Inc
Analysis
New Vista of the Bluegrass Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in February 1923, 103 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2024, New Vista of the Bluegrass Inc reported income of $109.8m and spending of $108.9m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $73.4m to $109.8m (+50%), an average of +8.4% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 97% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, New Vista of the Bluegrass Inc sits at the 95th percentile: it is larger than about 95% of them. 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 Childrens Medical Center Foundation ($109.8m), Community Health Project Inc ($110.0m) and Cumberland Family Medical Center Inc ($109.8m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $842k (0.8% of expenses). Other salaries and wages came to $12.2m. At year end it held assets of $65.3m against liabilities of $14.6m, net assets of $50.7m. It reported 181 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 86%
- Other 2.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Childrens Medical Center Foundation | Dallas | $109.8m |
| Community Health Project Inc | New York | $110.0m |
| Cumberland Family Medical Center Inc | Burkesville | $109.8m |
| Rush System for Health | Chicago | $110.0m |