Christian Community Foundation of Memphis and the Mid-South Inc

Analysis

Christian Community Foundation of Memphis and the Mid-South Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in October 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 April 2023, Christian Community Foundation of Memphis and the Mid-South Inc reported income of $88.3m and spending of $85.6m, spending 97% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $89.4m to $88.3m (-1.3%), an average of -0.3% a year. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Christian Community Foundation of Memphis and the Mid-South Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include The Rhode Island Community Foundation ($87.7m), The Brunson Foundation ($88.5m) and Ray Dolby Legacy Fund ($87.7m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $311k (0.4% of expenses). Other salaries and wages came to $116k. At year end it held assets of $209.7m against liabilities of $7.8m, net assets of $201.9m. It reported 5 employees.