Bluegrass Sports Commission Inc

Analysis

Bluegrass Sports Commission Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in May 1998, 28 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 (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 Sports Commission Inc reported income of $369k and spending of $415k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $680k to $369k (-46%), an average of -14% a year. The sharpest change came in the year to December 2022, when income rose by 210%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bluegrass Sports Commission Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within KY. Charities of a similar size with the same main cause include Tennessee Athletic Coaches Association Inc ($369k), Northern Colorado Rush Soccer ($369k) and Cosmopolitan Junior Soccer League Inc ($369k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Other salaries and wages came to $74k. At year end it held assets of $328k against liabilities of $318k, net assets of $9,405. It reported 2 employees.