Tennessee River Gorge Trust Inc

Analysis

Tennessee River Gorge Trust Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in September 1986, 40 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Tennessee River Gorge Trust Inc reported income of $5.1m and spending of $1.4m, leaving 72% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $5.1m (+116%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 144%. Over the whole period it spent 34% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Tennessee River Gorge Trust Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include CE Buyers Institute ($5.1m), Willamette Falls Trust ($5.1m) and One Earth Philanthropy ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $69k (4.9% of expenses). Other salaries and wages came to $211k. At year end it held assets of $24.7m against liabilities of $81k, net assets of $24.6m. It reported 8 employees.