Bluegrass Senior Assist

Analysis

Bluegrass Senior Assist is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in February 2019, 7 years ago. 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 Senior Assist reported income of $218k and spending of $162k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $53k to $218k (+308%), an average of +102% a year. The sharpest change came in the year to December 2022, when income rose by 143%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bluegrass Senior Assist sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within KY. Charities of a similar size with the same main cause include Association of the First Corps of Cadets ($218k), Child Study Clinic ($218k) and Association of Fundraising Professionals ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $74k (46% of expenses). At year end it held assets of $3.7m against liabilities of $3.4m, net assets of $269k. It reported 1 employees.