Girls Incorporated of Kingsport

Analysis

Girls Incorporated of Kingsport is a registered charity in United States, based in Kingsport, TN. It received its IRS tax-exemption ruling in July 1976, 50 years ago. 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, Girls Incorporated of Kingsport reported income of $464k and spending of $536k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $447k to $464k (+3.8%), an average of +0.9% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Girls Incorporated of Kingsport sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include Teen Action and Support Center ($464k), LA Child Care Reimbursement Program Inc ($464k) and Louisville Soccer Alliance Inc ($464k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $55k (10% of expenses). Other salaries and wages came to $204k. At year end it held assets of $186k against liabilities of $30k, net assets of $156k. It reported 17 employees.