COMMUNITY FOUNDATION OF GREATER MEMPHIS INC
1350 CONCOURSE AVE STE 458, MEMPHIS, TN · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $171,395,190 | $149,115,390 | $942,982,850 |
| FY2024 | $110,784,632 | $123,675,954 | $898,574,549 |
| FY2023 | $114,399,155 | $124,638,033 | $842,306,740 |
| FY2022 | $204,591,687 | $145,105,093 | $857,148,495 |
| FY2021 | $239,424,580 | $163,571,542 | $923,354,816 |
| FY2020 | $514,967,342 | $163,008,169 | $618,090,425 |
| FY2019 | $160,585,711 | $175,944,573 | $362,653,281 |
| FY2018 | $236,615,020 | $210,726,023 | $379,822,231 |
| FY2017 | $121,353,702 | $168,373,829 | $349,651,835 |
| FY2016 | $208,822,974 | $145,498,163 | $378,224,269 |
| FY2015 | $193,851,576 | $128,276,626 | $349,469,263 |
| FY2014 | $121,261,364 | $98,634,891 | $288,119,825 |
| FY2013 | $96,594,302 | $77,883,923 | $258,330,199 |
| FY2012 | $42,672,734 | $45,771,859 | $229,690,567 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $130,407,513 | 96% |
| Program service revenue | $5,822,908 | 4% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $138,014,841 | 93% |
| Management & general | $10,575,857 | 7% |
| Fundraising | $524,692 | 0% |
What the numbers show
- Contributions & grants made up 96% of total revenue in FY2025.
- Program services accounted for 93% of functional expenses, management & general 7%, and fundraising 0%.
- 93% of functional expenses went to program services in FY2025. That is higher than 63.3% of 1000 Philanthropy, Voluntarism & Grantmaking Foundations organizations nationwide (too few in TN for a state comparison).
- Net assets covered about 75.9 months of expenses at the end of the reporting year. That puts it in the 46th percentile among 841 Philanthropy, Voluntarism & Grantmaking Foundations organizations in TN.
- Total revenue was higher than 100.1% of 869 Philanthropy, Voluntarism & Grantmaking Foundations organizations in TN.
- Total revenue rose from $42,672,734 in FY2012 to $171,395,190 in FY2025, Revenue increased in 7 and decreased in 6 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 5 of 14 reported years (FY2012, FY2017, FY2019, FY2023, FY2024).
- The highest revenue on record here is $514,967,342 in FY2020.
- Net assets grew from $229,690,567 to $942,982,850 between FY2012 and FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
THE COMMUNITY FOUNDATION IS A PHILANTHROPIC ORGANIZATION THAT MANAGES CHARITABLE FUNDS WITH A BROAD BASE OF DONORS TO BENEFIT THE AREAS OF WESTERN TENNESSEE, EASTERN ARKANSAS, AND NORTHERN MISSISSIPPI.
IRS status
| Ruling year | 1990 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | T310 — Philanthropy, Voluntarism & Grantmaking Foundations |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- THE COMMUNITY FDN OF MIDDLE TN INC — NASHVILLE, TN · $239,914,601
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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