Middle Tennessee Home Education Association

Analysis

Middle Tennessee Home Education Association is a registered charity in United States, based in Rockvale, TN. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Middle Tennessee Home Education Association reported income of $472k and spending of $421k, spending 89% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $245k to $472k (+93%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 84%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Middle Tennessee Home Education Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include The Pioneer School Inc ($472k), Community First School Inc ($472k) and Lake High Booster Club Inc ($472k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $12k (2.8% of expenses). Other salaries and wages came to $140k. At year end it held assets of $433k against liabilities of $0, net assets of $433k.