Middle Tennessee Electric Sharingchange Inc

Analysis

Middle Tennessee Electric Sharingchange Inc is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Middle Tennessee Electric Sharingchange Inc reported income of $815k and spending of $615k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $507k to $815k (+61%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Middle Tennessee Electric Sharingchange Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Christian Holyland Foundation Inc ($814k), Wildwood Foundation Inc ($815k) and Rende Progress Capital ($814k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $3,000 (0.5% of expenses). At year end it held assets of $399k against liabilities of $11k, net assets of $388k.