Memphis Tilth

Analysis

Memphis Tilth is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover food, agriculture and nutrition, 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 June 2021, Memphis Tilth reported income of $290k and spending of $375k, spending 129% of what it took in. Across the 3 years on record, from June 2019 to June 2021, income fell from $425k to $290k (-32%), an average of -17% a year. The sharpest change came in the year to June 2021, when income dropped by 37%. Over the whole period it spent 117% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Memphis Tilth sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within TN. Charities of a similar size with the same main cause include Teresa McCormick Center ($290k), Carleton-Willard at Home Inc ($290k) and Chinese Methodist Center Corporation ($290k).

On its Form 990 for the period ending June 2021, revenue came from contributions and grants 40% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $47k (13% of expenses). Other salaries and wages came to $206k. At year end it held assets of $53k against liabilities of $0, net assets of $53k. It reported 23 employees.