Bluegrass Tomorrow Inc

Analysis

Bluegrass Tomorrow Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in August 1989, 37 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 (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, Bluegrass Tomorrow Inc reported income of $101k and spending of $88k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $175k to $101k (-42%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Bluegrass Tomorrow Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within KY. Charities of a similar size with the same main cause include Connex Foundation Inc ($101k), Urban Strategic Solutions ($101k) and Morgenstern Workshop ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 54% of the total. At year end it held assets of $8,900 against liabilities of $465, net assets of $8,435.