Mid-Cumberland Community Action Agency Inc

Analysis

Mid-Cumberland Community Action Agency Inc is a registered charity in United States, based in Gallatin, TN. It received its IRS tax-exemption ruling in June 1972, 54 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, Mid-Cumberland Community Action Agency Inc reported income of $18.9m and spending of $18.6m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.4m to $18.9m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2021, when income rose by 62%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mid-Cumberland Community Action Agency Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Culpeper Baptist Retirement Community Inc ($18.8m), Buckeye Plain Ministry Group ($18.9m) and Glasswing International USA Inc ($18.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $205k (1.1% of expenses). Other salaries and wages came to $7.0m. At year end it held assets of $5.6m against liabilities of $2.6m, net assets of $2.9m. It reported 236 employees.