Trousdale School Inc

Analysis

Trousdale School Inc is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Trousdale School Inc reported income of $1.3m and spending of $1.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $988k to $1.3m (+33%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trousdale School Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Operation New Hope ($1.3m), Glen-Wood Inc ($1.3m) and Food for Kids Incorporated ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 23% of the total. Other salaries and wages came to $461k. At year end it held assets of $1.0m against liabilities of $526k, net assets of $520k. It reported 10 employees.