Bridge Club of Lexington Inc

Analysis

Bridge Club of Lexington Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, Bridge Club of Lexington Inc reported income of $132k and spending of $117k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $132k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bridge Club of Lexington Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within KY. Charities of a similar size with the same main cause include USA Pole Vault Bureau Association ($132k), Central Pensylvania Krunch ($132k) and Denver Womens Hockey League ($132k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 76% of the total. At year end it held assets of $173k against liabilities of $5,367, net assets of $168k.