Foothills Craft Guild Inc

Analysis

Foothills Craft Guild Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in June 1969, 57 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 2024, Foothills Craft Guild Inc reported income of $75k and spending of $54k, leaving 28% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $108k to $75k (-30%), an average of -30% a year. The sharpest change came in the year to June 2024, when income dropped by 30%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foothills Craft Guild Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within TN. Charities of a similar size with the same main cause include Oak Ridge Civic Ballet Assoc ($75k), PTA Texas Congress ($75k) and Military Order of the Stars and Bars ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 71% of the total. At year end it held assets of $130k against liabilities of $24k, net assets of $106k.