The Tennessee Association of Community Action

Analysis

The Tennessee Association of Community Action is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in January 1987, 39 years ago. 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, The Tennessee Association of Community Action reported income of $291k and spending of $307k, spending 105% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $129k to $291k (+127%), an average of +127% a year. The sharpest change came in the year to June 2023, when income rose by 127%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Tennessee Association of Community Action sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include American Friends of Yeshiva Reishit Chochmah Inc ($291k), Prader Willi Utah Association Inc ($291k) and PTA California Congress of Parents Teachers & Students Inc ($291k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $195k against liabilities of $0, net assets of $195k.