Tennessee Childrens Home Inc
Analysis
Tennessee Childrens Home Inc is a registered charity in United States, based in Spring Hill, TN. It received its IRS tax-exemption ruling in April 1947, 79 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Tennessee Childrens Home Inc reported income of $8.3m and spending of $6.7m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.2m to $8.3m (+60%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 236%. Over the whole period it spent 60% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tennessee Childrens Home Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TN. Charities of a similar size with the same main cause include For the Girls ($8.3m), Latino Community Fund of Washingtonstate ($8.3m) and Trust Funds for All Children Inc ($8.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $237k (3.5% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $24.9m against liabilities of $4.0m, net assets of $21.0m. It reported 102 employees.
Income and spending
Where the income comes from
- Contributions & grants 38%
- Program services 46%
- Other 15%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| For the Girls | Silver Spring | $8.3m |
| Latino Community Fund of Washingtonstate | Seattle | $8.3m |
| Trust Funds for All Children Inc | Shutesbury | $8.3m |
| Decatur-Macon County Opportunities Corporation | Decatur | $8.3m |