Tate Community Association Inc

Analysis

Tate Community Association Inc is a registered charity in United States, based in Tate, GA. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Tate Community Association Inc reported income of $53k and spending of $46k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $55k to $53k (-3.2%), an average of -3.2% a year. Over the whole period it spent 73% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tate Community Association Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within GA. Charities of a similar size with the same main cause include Pearls of Vision Foundation Inc ($53k), Hyolmo Society of America Inc ($53k) and Wickliffe Forever Foundation Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $391k against liabilities of $0, net assets of $391k.