Cumberland Heights Professional Associates Inc

Analysis

Cumberland Heights Professional Associates Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 December 2023, Cumberland Heights Professional Associates Inc reported income of $1.8m and spending of $2.0m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.8m (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cumberland Heights Professional Associates Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within TN. Charities of a similar size with the same main cause include Federation for Jewish Philanthropy of Upper Fairfield County Inc ($1.8m), Trinity Rescue Mission Incorporated ($1.8m) and Franklin Community Center Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 76% of the total. Compensation of current officers, directors and key employees was $376k (19% of expenses). Other salaries and wages came to $938k. At year end it held assets of $425k against liabilities of $1.2m, net assets of -$763k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.