Orange Grove Development Inc

Analysis

Orange Grove Development Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in May 1977, 49 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 2024, Orange Grove Development Inc reported income of $406k and spending of $531k, spending 131% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $502k to $406k (-19%), an average of -5.1% a year. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Orange Grove Development Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Rice County Agriculture Society ($406k), Chicago Society of Jungian Analysts ($406k) and Old World Wisconsin Foundation Inc ($406k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $746k against liabilities of $1.0m, net assets of -$298k.

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.