Tennessee College Access and Success Network

Analysis

Tennessee College Access and Success Network is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 2012, 14 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, Tennessee College Access and Success Network reported income of $665k and spending of $935k, spending 141% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $261k to $665k (+154%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 420%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tennessee College Access and Success Network sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Iranian Scholarship Fund ($665k), Code Academy ($665k) and FS Key Elementary Parent-Teacher Organization ($665k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $129k (14% of expenses). Other salaries and wages came to $288k. At year end it held assets of $716k against liabilities of $37k, net assets of $679k. It reported 5 employees.