Orange Grove Development No Seven Inc

Analysis

Orange Grove Development No Seven Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in June 1992, 34 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Orange Grove Development No Seven Inc reported income of $108k and spending of $125k, spending 115% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $99k to $108k (+9.3%), an average of +4.6% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Orange Grove Development No Seven Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within TN. Charities of a similar size with the same main cause include Mercy Outreach Ministries VI Inc ($108k), Family Promise of Grant County Inc ($108k) and Tuskegee Housing Development Corporation ($108k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 35% of the total. At year end it held assets of $298k against liabilities of $243k, net assets of $55k.

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.