Tennessee Out-Reach Center for Homeless

Analysis

Tennessee Out-Reach Center for Homeless is a registered charity in United States, based in Oak Ridge, TN. It received its IRS tax-exemption ruling in October 2015, 11 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, Tennessee Out-Reach Center for Homeless reported income of $461k and spending of $900k, spending 195% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $218k to $461k (+112%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 129%. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tennessee Out-Reach Center for Homeless sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include True Connections Community Programs ($461k), Lawrence Ltd ($461k) and Brighter Future for Youth ($461k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $52k (5.8% of expenses). Other salaries and wages came to $132k. At year end it held assets of $692k against liabilities of $628k, net assets of $63k. It reported 7 employees.