East Ridge Needy Child Fund

Analysis

East Ridge Needy Child Fund is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in August 2017, 9 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, East Ridge Needy Child Fund reported income of $75k and spending of $33k, leaving 56% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $75k (-11%), an average of -11% a year. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, East Ridge Needy Child Fund sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within TN. Charities of a similar size with the same main cause include German Shephard Dog Rescue Group of Georgia Inc ($75k), Big Sandy Rotary Club ($75k) and Raynham Food Basket ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $256k against liabilities of $45k, net assets of $211k.