Central Garden Area Association Inc

Analysis

Central Garden Area Association Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 1999, 27 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 April 2024, Central Garden Area Association Inc reported income of $110k and spending of $161k, spending 146% of what it took in. Across the 2 years on record, from April 2023 to April 2024, income grew from $99k to $110k (+12%), an average of +12% a year. Over the whole period it spent 129% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Central Garden Area Association Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within TN. Charities of a similar size with the same main cause include Kingman Main Street ($110k), Treat the Troops Inc ($111k) and Mercy Ministries ($110k).

At year end it held assets of $88k against liabilities of $0, net assets of $88k.