Azalea Gardens Inc

Analysis

Azalea Gardens Inc is a registered charity in United States, based in Crossville, TN. It received its IRS tax-exemption ruling in August 2004, 22 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Azalea Gardens Inc reported income of $89k and spending of $146k, spending 163% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $87k to $89k (+2.6%), an average of +0.6% a year. Over the whole period it spent 139% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Azalea Gardens Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within TN. Charities of a similar size with the same main cause include Maxcen Housing Society Inc Connecticut Branch ($89k), Friends Handicapped Housing Inc ($89k) and Vesta Thirteen Inc ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 59% of the total. Other salaries and wages came to $39k. At year end it held assets of $733k against liabilities of $50k, net assets of $683k.

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.