Gray Community Chest
EIN: 627428228 · Gray, TN · NTEE: T700
Is Gray Community Chest Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gray Community Chest
Gray Community Chest (EIN: 627428228) is a nonprofit organization based in Gray, TN, classified under NTEE code T700. The organization reported total revenue of $167K and total assets of $211K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gray Community Chest's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gray Community Chest is a small nonprofit that has been operating for 39 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 3.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $164K |
| Total Expenses | $161K |
| Surplus / Deficit | +$3K |
| Total Assets | $212K |
| Net Assets | $212K |
| Operating Margin | 1.7% |
| Months of Reserves | 15.8 months |
Financial Health Grade: A
In 2024, Gray Community Chest reported a surplus of $3K with revenue exceeding expenses, holds 15.8 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Gray Community Chest's revenue has grown at a compound annual growth rate (CAGR) of 3.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +8.7% | +27.8% | +1.3% |
| 2023 | -3.3% | -20.5% | +13.3% |
| 2022 | +54.2% | +68.3% | -1.4% |
| 2021 | -11.5% | +26.1% | +1.6% |
| 2020 | -6.1% | -32.7% | +27.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gray Community Chest has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gray Community Chest with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Frequently Asked Questions about Gray Community Chest
Is Gray Community Chest a legitimate charity?
Based on AI analysis of IRS 990 filings, Gray Community Chest (EIN: 627428228) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gray Community Chest spend its money?
Detailed spending breakdown data is not yet available for Gray Community Chest. Check back for updated IRS 990 analysis.
Are donations to Gray Community Chest tax-deductible?
Gray Community Chest is registered as a tax-exempt nonprofit (EIN: 627428228). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Gray Community Chest showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Gray Community Chest's revenue has grown by 49.3%, moving from $110K to $164K. Total assets increased by 138.4% over the same period, from $89K to $212K. Total functional expenses rose by 58.6%, from $101K to $161K. In its most recent filing year (2024), Gray Community Chest reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $164K | $161K | $212K | $0 | — | — |
| 2023 | $150K | $126K | $209K | $0 | — | View 990 |
| 2022 | $156K | $158K | $184K | $0 | — | View 990 |
| 2021 | $101K | $94K | $187K | $0 | — | — |
| 2020 | $114K | $75K | $184K | $0 | — | View 990 |
| 2019 | $122K | $111K | $145K | $0 | — | View 990 |
| 2018 | $108K | $94K | $134K | $0 | — | View 990 |
| 2017 | $120K | $112K | $121K | $0 | — | View 990 |
| 2016 | $125K | $117K | $113K | $0 | — | View 990 |
| 2015 | $127K | $128K | $105K | $0 | — | View 990 |
| 2014 | $120K | $115K | $106K | $0 | — | View 990 |
| 2013 | $125K | $131K | $101K | $0 | — | View 990 |
| 2012 | $113K | $95K | $107K | $0 | — | View 990 |
| 2011 | $110K | $101K | $89K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $164K, expenses of $161K, and assets of $212K (revenue +8.7% year-over-year).
- 2023: Revenue of $150K, expenses of $126K, and assets of $209K (revenue -3.3% year-over-year).
- 2022: Revenue of $156K, expenses of $158K, and assets of $184K (revenue +54.2% year-over-year).
- 2021: Revenue of $101K, expenses of $94K, and assets of $187K (revenue -11.5% year-over-year).
- 2020: Revenue of $114K, expenses of $75K, and assets of $184K (revenue -6.1% year-over-year).
- 2019: Revenue of $122K, expenses of $111K, and assets of $145K (revenue +12.6% year-over-year).
- 2018: Revenue of $108K, expenses of $94K, and assets of $134K (revenue -9.8% year-over-year).
- 2017: Revenue of $120K, expenses of $112K, and assets of $121K (revenue -4.4% year-over-year).
- 2016: Revenue of $125K, expenses of $117K, and assets of $113K (revenue -1.8% year-over-year).
- 2015: Revenue of $127K, expenses of $128K, and assets of $105K (revenue +6.3% year-over-year).
- 2014: Revenue of $120K, expenses of $115K, and assets of $106K (revenue -4.3% year-over-year).
- 2013: Revenue of $125K, expenses of $131K, and assets of $101K (revenue +11.3% year-over-year).
- 2012: Revenue of $113K, expenses of $95K, and assets of $107K (revenue +2.6% year-over-year).
- 2011: Revenue of $110K, expenses of $101K, and assets of $89K.
Data Sources and Methodology
This transparency report for Gray Community Chest is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.