Livingston Byrdstown Jamestown and Cookeville Development Corporation

Analysis

Livingston Byrdstown Jamestown and Cookeville Development Corporation is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in November 1965, 61 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 April 2024, Livingston Byrdstown Jamestown and Cookeville Development Corporation reported income of $13.1m and spending of $13.2m, spending 100% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $11.0m to $13.1m (+19%), an average of +4.4% a year. 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, Livingston Byrdstown Jamestown and Cookeville Development Corporation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within TN. Charities of a similar size with the same main cause include Lake Region Lutheran Home Incorporated ($13.1m), Nw3c Inc ($13.1m) and Sacramento County Tobacco Securitization Corporation ($13.1m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $6.0m. At year end it held assets of $2.4m against liabilities of $944k, net assets of $1.4m. It reported 315 employees.