Adams Christian TR

Analysis

Adams Christian TR is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in June 1989, 37 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adams Christian TR reported income of $268k and spending of $350k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $367k to $268k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2022, when income dropped by 29%. Over the whole period it spent 117% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adams Christian TR sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within TN. Charities of a similar size with the same main cause include Daily Princetonian Publishing Company ($268k), Community Healthcare Network Foundation Inc ($268k) and Friends of Oakland Foundation Inc ($268k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.

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.