Center for Excellence
Analysis
Center for Excellence is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Center for Excellence reported income of $993k and spending of $894k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $544k to $993k (+82%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 95% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Center for Excellence sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Wabanaki Youth in Science ($993k), Soaring Wings Ranch Inc ($994k) and Jog-Miami Valley ($993k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $326k (36% of expenses). At year end it held assets of $1.0m against liabilities of $894k, net assets of $135k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 87%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wabanaki Youth in Science | Old Town | $993k |
| Soaring Wings Ranch Inc | Conway | $994k |
| Jog-Miami Valley | Dayton | $993k |
| Back 2 School America | Chicago | $994k |