Vollintine Evergreen Community Association

Analysis

Vollintine Evergreen Community Association is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Vollintine Evergreen Community Association reported income of $125k and spending of $118k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $157k to $125k (-20%), an average of -5.6% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Vollintine Evergreen Community Association sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within TN. Charities of a similar size with the same main cause include Meadow Lakes Seniors Inc ($125k), Asi Greeley II Inc ($125k) and Haven Place ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 32% of the total. At year end it held assets of $528k against liabilities of $602, net assets of $527k.