Tennessee Builders Education Foundation

Analysis

Tennessee Builders Education Foundation is a registered charity in United States, based in Collierville, TN. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2023, Tennessee Builders Education Foundation reported income of $116k and spending of $326k, spending 282% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $359k to $116k (-68%), an average of -31% a year. The sharpest change came in the year to December 2021, when income rose by 215%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tennessee Builders Education Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within TN. Charities of a similar size with the same main cause include Aurora Players Inc Hamlin Park ($116k), Iowa-Veterinary Medical Association Foundation ($116k) and Arc Rutland Area Inc ($116k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Other salaries and wages came to $41k. At year end it held assets of $578k against liabilities of $418, net assets of $577k. It reported 2 employees.