Properties TR

Analysis

Properties TR is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 2020, 6 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Properties TR reported income of $1.6m and spending of $715k, leaving 57% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $859k to $1.6m (+92%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 793%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Properties TR sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Mt Airy USA ($1.6m), Radio Vision Cristiana Management ($1.6m) and Eden Village of Tulsa ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $58k. At year end it held assets of $19.4m against liabilities of $0, net assets of $19.4m.