Home Education Association of Tennessee Inc

Analysis

Home Education Association of Tennessee Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 1985, 41 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 December 2023, Home Education Association of Tennessee Inc reported income of $358k and spending of $344k, spending 96% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $236k to $358k (+52%), an average of +8.7% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Home Education Association of Tennessee Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within TN. Charities of a similar size with the same main cause include Telugu Association of Metro Atlanta ($358k), The New Bern Historical Society Foundation Inc ($358k) and Pittsburghers for Public Transit Association ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 91% of the total. At year end it held assets of $210k against liabilities of $4,679, net assets of $205k.