McKendree Village Foundation

Analysis

McKendree Village Foundation is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, McKendree Village Foundation reported income of $1.5m and spending of $311k, leaving 80% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $459k to $1.5m (+236%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 1416%. Over the whole period it spent 69% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, McKendree Village 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 84th percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Critter Barn ($1.5m), Korean Resource Center Inc ($1.5m) and Love First Child Development Center Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $37k (12% of expenses). At year end it held assets of $6.3m against liabilities of $0, net assets of $6.3m. It reported 1 employees.