Mid-Tn Supported Living Inc

Analysis

Mid-Tn Supported Living Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mid-Tn Supported Living Inc reported income of $5.0m and spending of $4.2m, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.5m to $5.0m (+41%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 38%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mid-Tn Supported Living Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Fretzpark Homes Inc ($5.0m), Survival Centers Inc ($5.0m) and Northern Lights YMCA Inc ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $77k (1.8% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $1.3m against liabilities of $289k, net assets of $983k. It reported 5 employees.