Clinch River Apartments Inc

Analysis

Clinch River Apartments Inc is a registered charity in United States, based in Cookeville, TN. It received its IRS tax-exemption ruling in April 2002, 24 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 2023, Clinch River Apartments Inc reported income of $115k and spending of $149k, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $115k (+23%), an average of +5.4% a year. Over the whole period it spent 134% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Clinch River Apartments Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within TN. Charities of a similar size with the same main cause include Family Keys ($115k), Builders Inc ($115k) and Together with the Children ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. At year end it held assets of $737k against liabilities of $46k, net assets of $691k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.