Friends of Outdoor Chattanooga Inc

Analysis

Friends of Outdoor Chattanooga Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in May 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Friends of Outdoor Chattanooga Inc reported income of $54k and spending of $39k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $34k to $54k (+62%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 3046%. Over the whole period it spent 80% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Outdoor Chattanooga Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within TN. Charities of a similar size with the same main cause include Souternmost Hockey Club ($54k), North County Mens Baseball League ($54k) and Yorba Linda High School Ylhs Aquatics Booster Club ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $69k against liabilities of $0, net assets of $69k.