The Mid-South Technical Assistance and Development Pool

Analysis

The Mid-South Technical Assistance and Development Pool is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, The Mid-South Technical Assistance and Development Pool reported income of $681k and spending of $665k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $509k to $681k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, The Mid-South Technical Assistance and Development Pool sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Arizona Career Pathways ($681k), Cortland County Convention & Visitors Bureau Inc ($681k) and Institute for People Place and Possibilities ($680k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $403k. At year end it held assets of $366k against liabilities of $107k, net assets of $259k.