Charley Foundation Inc

Analysis

Charley Foundation Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 2022, Charley Foundation Inc reported income of $131k and spending of $61k, leaving 54% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $137k to $131k (-4.1%), an average of -1.4% a year. The sharpest change came in the year to December 2022, when income rose by 167%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Charley Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within TN. Charities of a similar size with the same main cause include Forest Hills Youth Baseball Inc ($131k), Wilderness Kids Alexandria Inc ($131k) and Rise and Shine Art ($131k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 44% of the total. At year end it held assets of $135k against liabilities of $149k, net assets of -$14k.