Childrens Center of Knoxville Inc

Analysis

Childrens Center of Knoxville Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in March 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 2024, Childrens Center of Knoxville Inc reported income of $1.5m and spending of $1.5m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.3m to $1.5m (+8.6%), an average of +1.7% a year. The sharpest change came in the year to June 2022, when income rose by 38%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Childrens Center of Knoxville Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within TN. Charities of a similar size with the same main cause include Railroad & Local Young Mens Christian Association of Oneonta ($1.4m), Gulf Coast Veterans Advocacy Council Inc ($1.5m) and Jewish Childrens Home of Rhode Island ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $68k (4.6% of expenses). Other salaries and wages came to $872k. At year end it held assets of $1.1m against liabilities of $108k, net assets of $984k. It reported 48 employees.