Tennessee Valley Training Center Inc
Analysis
Tennessee Valley Training Center Inc is a registered charity in United States, based in Decatur, AL. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2023, Tennessee Valley Training Center Inc reported income of $4.3m and spending of $4.6m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $4.3m (+2.9%), an average of +0.7% a year. Over the whole period it spent 98% of the income it received.
Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tennessee Valley Training Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 94th percentile within AL. Charities of a similar size with the same main cause include Rotary Camps & Services of Traverse City ($4.3m), Friendship Industries Inc ($4.3m) and Asian Inc ($4.3m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 88% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $4.2m against liabilities of $186k, net assets of $4.0m. It reported 43 employees.
Income and spending
Where the income comes from
- Program services 88%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rotary Camps & Services of Traverse City | Traverse City | $4.3m |
| Friendship Industries Inc | Rockingham | $4.3m |
| Asian Inc | San Francisco | $4.3m |
| Godman Guild Association | Columbus | $4.3m |