Sullivan South Area Community Chest

Analysis

Sullivan South Area Community Chest is a registered charity in United States, based in Kingsport, TN. It received its IRS tax-exemption ruling in September 1984, 42 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Sullivan South Area Community Chest reported income of $95k and spending of $113k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $141k to $95k (-32%), an average of -9.3% a year. The sharpest change came in the year to December 2021, when income dropped by 16%. Over the whole period it spent 118% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sullivan South Area Community Chest sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within TN. Charities of a similar size with the same main cause include Caitlin Robb Foundation Inc ($95k), Neuse River Bridge Run ($95k) and Alliance for Haitis Children ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 8.6% of the total. At year end it held assets of $625k against liabilities of $0, net assets of $625k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.