Forget Me Not Foundation of Northwest Tennessee

Analysis

Forget Me Not Foundation of Northwest Tennessee is a registered charity in United States, based in Union City, TN. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 October 2023, Forget Me Not Foundation of Northwest Tennessee reported income of $52k and spending of $33k, leaving 36% of income unspent that year. Across the 3 years on record, from October 2021 to October 2023, income grew from $26k to $52k (+96%), an average of +40% a year. The sharpest change came in the year to October 2023, when income rose by 88%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Forget Me Not Foundation of Northwest Tennessee sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within TN. Charities of a similar size with the same main cause include Mha of Greater Houston Foundation Inc ($52k), Pediatric Vision Research and Diagnostic Center ($52k) and Tads Kids ($52k).

At year end it held assets of $20k against liabilities of $0, net assets of $20k.