Ahs of Greater Memphis Foundation Inc

Analysis

Ahs of Greater Memphis Foundation Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 1986, 40 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ahs of Greater Memphis Foundation Inc reported income of $747k and spending of $5.1m, spending 688% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $451k to $747k (+66%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 96%. Over the whole period it spent 231% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ahs of Greater Memphis Foundation Inc 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 76th percentile, and in the 78th percentile within TN. Charities of a similar size with the same main cause include Community Improvement Coalition ($747k), Nashville Shakespeare Festival ($747k) and Frontier Institute Inc ($747k).

Compensation of current officers, directors and key employees was $40k (0.8% of expenses). It paid $15k in professional fundraising fees. At year end it held assets of $3.9m against liabilities of $62k, net assets of $3.9m.