Governor John Sevier Memorial Association

Analysis

Governor John Sevier Memorial Association is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in December 1980, 46 years ago. 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 June 2023, Governor John Sevier Memorial Association reported income of $153k and spending of $120k, leaving 21% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $109k to $153k (+41%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Governor John Sevier Memorial Association sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within TN. Charities of a similar size with the same main cause include Friends of the Oceanside Public Library ($153k), Science and Math Investigative Learning Experiences ($153k) and Assyrian American National Federation Incorporated ($153k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $40k (33% of expenses). Other salaries and wages came to $45k. At year end it held assets of $100k against liabilities of $1,269, net assets of $98k. It reported 3 employees.