Timberlawn Place Inc

Analysis

Timberlawn Place Inc is a registered charity in United States, based in Germantown, TN. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Timberlawn Place Inc reported income of $179k and spending of $208k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $173k to $179k (+3.5%), an average of +0.9% a year. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Timberlawn Place Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within TN. Charities of a similar size with the same main cause include Sisters in Recovery Inc ($178k), LA Playa Apartments ($179k) and Shelbourne Supportive Housing Inc ($178k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $12k. At year end it held assets of $1.0m against liabilities of $1.3m, net assets of -$327k. It reported 1 employees.

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.