Memphis Garden Club
Analysis
Memphis Garden Club is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 1968, 58 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 2024, Memphis Garden Club reported income of $74k and spending of $58k, leaving 21% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income fell from $77k to $74k (-3.4%), an average of -1.7% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 94% of the income it received.
Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Memphis Garden Club sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within TN. Charities of a similar size with the same main cause include Garden Club of Kentucky Inc ($74k), Conanicut Island Land Trust Corporation ($74k) and Twin Cities Agricultural Land Trust ($74k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 102% and program service revenue 52% of the total. At year end it held assets of $173k against liabilities of $0, net assets of $173k.
Income and spending
Where the income comes from
- Contributions & grants 66%
- Program services 34%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Garden Club of Kentucky Inc | Richmond | $74k |
| Conanicut Island Land Trust Corporation | Jamestown | $74k |
| Twin Cities Agricultural Land Trust | Minneapolis | $74k |
| Bio Bamboo Inc | Haiku | $74k |