Bluegrass Greensource Inc

Analysis

Bluegrass Greensource Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Bluegrass Greensource Inc reported income of $530k and spending of $561k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $827k to $530k (-36%), an average of -10% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 103% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Bluegrass Greensource Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within KY. Charities of a similar size with the same main cause include Putnam Land Conservancy Inc ($530k), Yellowstone River Parks Association Inc ($531k) and Greenway Heritage Conservancy HRV Inc ($529k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $73k (13% of expenses). Other salaries and wages came to $203k. At year end it held assets of $1.5m against liabilities of $98k, net assets of $1.4m. It reported 11 employees.