Teen Center Inc

Analysis

Teen Center Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in October 1963, 63 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Teen Center Inc reported income of $91k and spending of $101k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $78k to $91k (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2021, when income dropped by 19%. Over the whole period it spent 124% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Teen Center Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within TN. Charities of a similar size with the same main cause include Council of Self-Insured Public Agencies ($91k), Ciudadela Jesus Y Maria U S a Inc ($91k) and Black Hills Stock Show Foundation ($91k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $550k against liabilities of $64k, net assets of $485k. It reported 2 employees.

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.