Sam Davis Memorial Assn

Analysis

Sam Davis Memorial Assn is a registered charity in United States, based in Smyrna, TN. It received its IRS tax-exemption ruling in October 1962, 64 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, Sam Davis Memorial Assn reported income of $181k and spending of $247k, spending 136% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $175k to $181k (+3.9%), an average of +1.3% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 125% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sam Davis Memorial Assn sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within TN. Charities of a similar size with the same main cause include Texas Healthy at Home ($181k), Poverello House of Tucson ($181k) and Boxes of Basics ($181k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $43k (17% of expenses). Other salaries and wages came to $67k. At year end it held assets of $857k against liabilities of $2,171, net assets of $855k. It reported 6 employees.

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.