Knoxville Christian Community Foundation

Analysis

Knoxville Christian Community Foundation is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in July 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Knoxville Christian Community Foundation reported income of $934k and spending of $725k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $412k to $934k (+127%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 201%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Knoxville Christian Community Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include FG Foundation ($934k), Greater Douglas United Way ($935k) and Hillsdale High School Foundation Inc ($934k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $326k (45% of expenses). Other salaries and wages came to $247k. At year end it held assets of $721k against liabilities of $5,213, net assets of $716k. It reported 4 employees.