Knoxville Center of the Deaf Inc

Analysis

Knoxville Center of the Deaf Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in February 1977, 49 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, Knoxville Center of the Deaf Inc reported income of $1.3m and spending of $867k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $981k to $1.3m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2023, when income rose by 168%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Knoxville Center of the Deaf Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Watershed Alliance of York ($1.3m), Sonshine Family Television Corp ($1.3m) and Greencroft Manor II Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 98% of the total. Other salaries and wages came to $219k. At year end it held assets of $1.1m against liabilities of $13k, net assets of $1.1m. It reported 8 employees.