Vollintine Evergreen Neighborhood School Inc

Analysis

Vollintine Evergreen Neighborhood School Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vollintine Evergreen Neighborhood School Inc reported income of $831k and spending of $623k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $483k to $831k (+72%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Vollintine Evergreen Neighborhood School Inc sits at the 72nd percentile: it is larger than about 72% 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 KS Kids Learning Center ($831k), Parc Housing Inc ($831k) and Betsy Layne Senior Citizens Inc ($831k).

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 $467k (75% of expenses). At year end it held assets of $576k against liabilities of -$24k, net assets of $600k. It reported 25 employees.