Chattanooga Christian Community Foundation

Analysis

Chattanooga Christian Community Foundation is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Chattanooga Christian Community Foundation reported income of $35.7m and spending of $35.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $27.5m to $35.7m (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chattanooga Christian Community Foundation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TN. Charities of a similar size with the same main cause include Give Lively Foundation Inc ($35.7m), East Bay Community Foundation ($35.9m) and Community Foundation of Elkhart County Inc ($35.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $171k (0.5% of expenses). Other salaries and wages came to $351k. At year end it held assets of $111.4m against liabilities of $6.9m, net assets of $104.5m. It reported 10 employees.