South Central Human Resource Agency Inc

Analysis

South Central Human Resource Agency Inc is a registered charity in United States, based in Fayetteville, TN. It received its IRS tax-exemption ruling in October 1975, 51 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 2023, South Central Human Resource Agency Inc reported income of $39.8m and spending of $38.0m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.3m to $39.8m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Central Human Resource Agency Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Food Bank of the Rio Grande Valley Inc ($39.8m), Early Years Inc ($39.9m) and Center for Human Services Inc ($39.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $434k (1.1% of expenses). Other salaries and wages came to $11.6m. At year end it held assets of $21.3m against liabilities of $9.7m, net assets of $11.7m. It reported 709 employees.