Abc of West Tennessee Education TR Inc

Analysis

Abc of West Tennessee Education TR Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Abc of West Tennessee Education TR Inc reported income of $169k and spending of $185k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $126k to $169k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Abc of West Tennessee Education TR Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within TN. Charities of a similar size with the same main cause include India International School ($169k), Whitefish Bay Public Education Foundation Inc ($169k) and Shamokin Area High School Alumni Educational Fund ($169k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $70k against liabilities of $100k, net assets of -$31k.