Knoxville Scottish Rite Foundation Inc

Analysis

Knoxville Scottish Rite Foundation Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in July 1989, 37 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, Knoxville Scottish Rite Foundation Inc reported income of $116k and spending of $61k, leaving 47% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $109k to $116k (+7.1%), an average of +1.7% a year. The sharpest change came in the year to December 2023, when income rose by 486%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Knoxville Scottish Rite Foundation 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 41st percentile, and in the 41st percentile within TN. Charities of a similar size with the same main cause include Childrens Charities of Fort Worth ($116k), Full Tummy Project of Covington County ($116k) and Midwest Institute for Sexuality and Gender Diversity ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% of the total. At year end it held assets of $973k against liabilities of $0, net assets of $973k.