Jobs for Tennessee Graduates Inc

Analysis

Jobs for Tennessee Graduates Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in December 2014, 12 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 June 2024, Jobs for Tennessee Graduates Inc reported income of $2.3m and spending of $2.6m, spending 113% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $725k to $2.3m (+212%), an average of +26% a year. The sharpest change came in the year to June 2020, when income rose by 59%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jobs for Tennessee Graduates Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Garth House Mickey Mehaffy Childrens Advocacy Program Inc ($2.3m), Paz de Cristo Community Center ($2.3m) and Los Angeles House of Ruth ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% and program service revenue 6.7% of the total. Other salaries and wages came to $964k. At year end it held assets of $1.0m against liabilities of $754k, net assets of $286k.