Foothills Resource Group

Analysis

Foothills Resource Group is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Foothills Resource Group reported income of $215k and spending of $363k, spending 169% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $215k (+171%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 1051%. Over the whole period it spent 276% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Foothills Resource Group sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within TN. Charities of a similar size with the same main cause include Colonial Dames of America in Tenn Foundation for Travelers Rest ($215k), Alliance Francaise ($215k) and Rotary Clubs of Joplin Sculpture Garden ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $50k (14% of expenses). Other salaries and wages came to $58k. At year end it held assets of $1.1m against liabilities of $12k, net assets of $1.0m. It reported 6 employees.

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.