Governor William Blount Mansion Association

Analysis

Governor William Blount Mansion Association is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in November 1956, 70 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 June 2023, Governor William Blount Mansion Association reported income of $266k and spending of $309k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $183k to $266k (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2021, when income rose by 139%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Governor William Blount Mansion Association sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within TN. Charities of a similar size with the same main cause include Family Medicine Foundation of West Virginia Inc ($266k), Halo Group of Middle Georgia Inc ($266k) and Geneva Lake Museum Inc ($266k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% and program service revenue 7.8% of the total. Other salaries and wages came to $110k. At year end it held assets of $1.2m against liabilities of $10k, net assets of $1.2m. It reported 5 employees.