South Cumberland Community Fund

Analysis

South Cumberland Community Fund is a registered charity in United States, based in Monteagle, TN. It received its IRS tax-exemption ruling in January 2016, 10 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, South Cumberland Community Fund reported income of $535k and spending of $431k, spending 81% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $531k to $535k (+0.7%), an average of +0.1% a year. The sharpest change came in the year to December 2023, when income rose by 218%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, South Cumberland Community Fund sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within TN. Charities of a similar size with the same main cause include Slingshot Fund Inc ($535k), Rockwall Womens League Inc ($535k) and United Way of Toombs Montgomery Counties Inc ($534k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $76k (18% of expenses). At year end it held assets of $1.6m against liabilities of $1,012, net assets of $1.6m. It reported 3 employees.