William F Buchanan CDC

Analysis

William F Buchanan CDC is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, William F Buchanan CDC reported income of $483k and spending of $220k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income grew from $83k to $483k (+482%), an average of +55% a year. The sharpest change came in the year to December 2022, when income rose by 398%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, William F Buchanan CDC sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Project I See You ($483k), Celtic FC Foundation Inc ($483k) and Kansas Farm Management Association N E ($483k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 72% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $63k (29% of expenses). At year end it held assets of $1.2m against liabilities of $106k, net assets of $1.1m. It reported 1 employees.