Murfreesboro Cold Patrol Inc

Analysis

Murfreesboro Cold Patrol Inc is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in May 2018, 8 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 September 2023, Murfreesboro Cold Patrol Inc reported income of $247k and spending of $172k, leaving 30% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $153k to $247k (+61%), an average of +61% a year. The sharpest change came in the year to September 2023, when income rose by 61%. Over the whole period it spent 74% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Murfreesboro Cold Patrol Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within TN. Charities of a similar size with the same main cause include Home Savers of Delaware County ($247k), Visitation House Ministries ($247k) and Hollywood Parkview Apartments ($247k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $52k (30% of expenses). At year end it held assets of $149k against liabilities of $743, net assets of $149k. It reported 3 employees.