Orange Grove Development No Five Inc

Analysis

Orange Grove Development No Five Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Five Inc reported income of $52k and spending of $94k, spending 180% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $66k to $52k (-21%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 152% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Orange Grove Development No Five Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within TN. Charities of a similar size with the same main cause include Treasure of Hope Inc ($52k), Matthew 25 Farm Inc ($52k) and Red Stick Roller Derby ($52k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $228k against liabilities of $242k, net assets of -$14k.

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.