Tennessee Family Solutions Inc

Analysis

Tennessee Family Solutions Inc is a registered charity in United States, based in Morganfield, KY. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Tennessee Family Solutions Inc reported income of $11.4m and spending of $11.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $11.7m to $11.4m (-2.6%), an average of -0.7% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tennessee Family Solutions Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within KY. Charities of a similar size with the same main cause include Heartland Long Term Acute Care Hospital ($11.4m), Georgia Mountains Health Services Inc ($11.4m) and Heartland Child & Family Services ($11.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $195k (1.7% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $14.9m against liabilities of $8.1m, net assets of $6.8m. It reported 220 employees.