Warren County Development Corporation

Analysis

Warren County Development Corporation is a registered charity in United States, based in McMinnville, TN. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Warren County Development Corporation reported income of $188k and spending of $165k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $289k to $188k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 323%. Over the whole period it spent 40% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Warren County Development Corporation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within TN. Charities of a similar size with the same main cause include 1220 TMV Condominium Association ($188k), Merchant Tulsa Inc ($188k) and Andover Community Trust Inc ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 22% of the total. At year end it held assets of $5.3m against liabilities of $14k, net assets of $5.3m.