Findingbalance Inc

Analysis

Findingbalance Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in December 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Findingbalance Inc reported income of $84k and spending of $87k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $84k (+0.2%), an average of +0.2% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Findingbalance Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within TN. Charities of a similar size with the same main cause include Manna Outreach Inc ($84k), Holy Souls Ministry ($84k) and Westfield Community Center Association ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.8% of the total. At year end it held assets of $51k against liabilities of $1,134, net assets of $50k.