Adult Community Training Inc

Analysis

Adult Community Training Inc is a registered charity in United States, based in Lenoir City, TN. It received its IRS tax-exemption ruling in April 1977, 49 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, Adult Community Training Inc reported income of $6.4m and spending of $5.5m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $6.4m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Adult Community Training Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Play N Learn Center Inc ($6.4m), Heartlinks ($6.4m) and Niagara Homemaker Services Inc ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $70k (1.3% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $5.7m against liabilities of $644k, net assets of $5.1m. It reported 167 employees.