Friends of Tennessees Babies with Special Needs

Analysis

Friends of Tennessees Babies with Special Needs is a registered charity in United States, based in Alcoa, TN. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Friends of Tennessees Babies with Special Needs reported income of $365k and spending of $282k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $235k to $365k (+55%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Tennessees Babies with Special Needs sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within TN. Charities of a similar size with the same main cause include Virginia Beach Fellows Inc ($365k), Arizona Families for Home Education ($365k) and Rochester Community Schools Foundation ($365k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Other salaries and wages came to $75k. At year end it held assets of $972k against liabilities of $1,537, net assets of $970k. It reported 6 employees.