Telugu Associaton of Memphis Inc

Analysis

Telugu Associaton of Memphis Inc is a registered charity in United States, based in Collierville, TN. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Telugu Associaton of Memphis Inc reported income of $77k and spending of $77k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $83k to $77k (-6.8%), an average of -6.8% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Telugu Associaton of Memphis Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within TN. Charities of a similar size with the same main cause include Nature Rights Council ($77k), Geneva Area Senior Corporation ($77k) and Bluebirds Hope Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.