Transitional Housing & Work Programs of Davidson Co

Analysis

Transitional Housing & Work Programs of Davidson Co is a registered charity in United States, based in Madison, TN. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Transitional Housing & Work Programs of Davidson Co reported income of $235k and spending of $165k, leaving 30% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $255k to $235k (-8.0%), an average of -2.7% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Transitional Housing & Work Programs of Davidson Co sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within TN. Charities of a similar size with the same main cause include Spring Grove Area Scholarship Fund ($235k), Well-Being Center of Colorado ($235k) and Nacogdoches Hope ($235k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $60k (36% of expenses). At year end it held assets of $791k against liabilities of $678k, net assets of $112k.