Cumberland Communities Communications Corporation

Analysis

Cumberland Communities Communications Corporation is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in September 1992, 34 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 December 2023, Cumberland Communities Communications Corporation reported income of $632k and spending of $643k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $698k to $632k (-9.4%), an average of -2.4% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cumberland Communities Communications Corporation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within TN. Charities of a similar size with the same main cause include Matthew 25 40 Heartside Inc ($632k), Topeka Symphony Society ($632k) and Bread of Life Mission Inc ($632k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $88k (14% of expenses). Other salaries and wages came to $276k. At year end it held assets of $513k against liabilities of $137k, net assets of $376k. It reported 18 employees.