Suzuki Talent Education of Appalachia

Analysis

Suzuki Talent Education of Appalachia is a registered charity in United States, based in Kingsport, TN. It received its IRS tax-exemption ruling in March 1981, 45 years ago. 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 May 2024, Suzuki Talent Education of Appalachia reported income of $72k and spending of $67k, spending 93% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $58k to $72k (+25%), an average of +25% a year. The sharpest change came in the year to May 2024, when income rose by 25%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Suzuki Talent Education of Appalachia sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within TN. Charities of a similar size with the same main cause include Circle of Veterans and Families Inc ($72k), Wabash Valley Youth in Action Inc ($72k) and Community Hospital Foundation ($72k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 9.0% and program service revenue 84% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.