Gray Community Chest

Analysis

Gray Community Chest is a registered charity in United States, based in Gray, TN. It received its IRS tax-exemption ruling in September 1987, 39 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2024, Gray Community Chest reported income of $164k and spending of $161k, spending 98% of its income. Across the 2 years on record, from September 2023 to September 2024, income grew from $150k to $164k (+8.7%), an average of +8.7% a year. Over the whole period it spent 91% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gray Community Chest sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within TN. Charities of a similar size with the same main cause include The Resolution Center Inc ($164k), North Idaho Fair and Rodeo Foundation Inc ($164k) and Natalia Diaz Charitable Corp ($164k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $212k against liabilities of $0, net assets of $212k.