Algood Village Inc

Analysis

Algood Village Inc is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in April 1985, 41 years ago. 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 July 2024, Algood Village Inc reported income of $190k and spending of $155k, spending 82% of its income. Across the 3 years on record, from July 2020 to July 2024, income grew from $171k to $190k (+11%), an average of +5.3% a year. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Algood Village Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within TN. Charities of a similar size with the same main cause include Hartley Hall Senior Housing Inc ($190k), Arts Access Incorporated ($190k) and Demolay Foundation of California Inc ($190k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $247k against liabilities of $111k, net assets of $136k.