Bluegrass Regional Recycling Corporation

Analysis

Bluegrass Regional Recycling Corporation is a registered charity in United States, based in Richmond, KY. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 June 2024, Bluegrass Regional Recycling Corporation reported income of $2.4m and spending of $2.5m, spending 105% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.5m to $2.4m (-3.5%), an average of -0.9% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 98% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Bluegrass Regional Recycling Corporation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within KY. Charities of a similar size with the same main cause include Lan Su Chinese Garden ($2.4m), Ozarks Environmental Services ($2.4m) and Southwest Energy Efficiency Project LLC ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $77k (3.0% of expenses). Other salaries and wages came to $675k. At year end it held assets of $2.9m against liabilities of $902k, net assets of $2.0m. It reported 42 employees.