Burks Supportive Living Inc

Analysis

Burks Supportive Living Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in August 2019, 7 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, Burks Supportive Living Inc reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $530k to $1.2m (+126%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Burks Supportive Living Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Soar ($1.2m), Kualoa Heeia Ecumenical Youth Project ($1.2m) and Options Domestic and Sexual Violence Services Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $841k (76% of expenses). At year end it held assets of $187k against liabilities of $0, net assets of $187k. It reported 35 employees.