Knoxville Central High School Athletics Foundation

Analysis

Knoxville Central High School Athletics Foundation is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in February 2016, 10 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 December 2023, Knoxville Central High School Athletics Foundation reported income of $68k and spending of $49k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $86k to $68k (-21%), an average of -5.7% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Knoxville Central High School Athletics Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within TN. Charities of a similar size with the same main cause include Montgomery Blair High School Magnet Foundation Inc ($68k), Daily Camera Newspapers in Education Foundation ($68k) and Arcs Foundation Inc Utah Chapter ($68k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.