U T Hospital Auxiliary Gift Shop Fund

Analysis

U T Hospital Auxiliary Gift Shop Fund is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in July 1972, 54 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, U T Hospital Auxiliary Gift Shop Fund reported income of $925k and spending of $1000k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $630k to $925k (+47%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, U T Hospital Auxiliary Gift Shop Fund sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include Torch Relay for Childrens Miracle Network Inc ($925k), Above & Beyond Cancer Inc ($926k) and AIDS Healthcare Foundation Texas Inc ($925k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% of the total. Other salaries and wages came to $294k. At year end it held assets of $962k against liabilities of $81k, net assets of $882k. It reported 22 employees.