Dr & Mrs J F Adams Memorial Association Inc

Analysis

Dr & Mrs J F Adams Memorial Association Inc is a registered charity in United States, based in Woodbury, TN. It received its IRS tax-exemption ruling in December 1964, 62 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 December 2023, Dr & Mrs J F Adams Memorial Association Inc reported income of $56k and spending of $93k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $148k to $56k (-62%), an average of -22% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dr & Mrs J F Adams Memorial Association Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within TN. Charities of a similar size with the same main cause include Longview Catholic School Endowment Fund ($56k), Third Presbyterian Church Endowment Corporation ($56k) and Zia Endowment Incorporated ($56k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.