Down Syndrome Association of Memphis
Analysis
Down Syndrome Association of Memphis is a registered charity in United States, based in Cordova, TN. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 2023, Down Syndrome Association of Memphis reported income of $172k and spending of $154k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $199k to $172k (-14%), an average of -3.7% a year. The sharpest change came in the year to December 2020, when income dropped by 29%. Over the whole period it spent 95% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Down Syndrome Association of Memphis sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within TN. Charities of a similar size with the same main cause include Serbian American Medical Association Sama Inc ($171k), Harbours Gate ($172k) and Glenn Garcelon Foundation ($171k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% of the total. Compensation of current officers, directors and key employees was $46k (30% of expenses). At year end it held assets of $377k against liabilities of $0, net assets of $377k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 38%
- Other 62%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Serbian American Medical Association Sama Inc | Potomac | $171k |
| Harbours Gate | Louisville | $172k |
| Glenn Garcelon Foundation | Coppell | $171k |
| Cure Adssl1 | Glendale | $172k |