Tenthirtyfive Inc

Analysis

Tenthirtyfive Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 2020, 6 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, Tenthirtyfive Inc reported income of $211k and spending of $190k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $67k to $211k (+215%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 87%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tenthirtyfive Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include Currie Adult Care Facility ($211k), Georgia Minority Outreach Network Corp ($211k) and Care Organization ($211k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% of the total. Other salaries and wages came to $62k. At year end it held assets of $28k against liabilities of $0, net assets of $28k.