Averitt Express Associates Charities

Organization Overview

Averitt Express Associates Charities, operating under the name Averitt Cares For Kids, is located in Cookeville, TN. The organization was established in 1988. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Averitt Cares For Kids is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Averitt Cares For Kids generated $557.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO MAKE GRANTS AND DISTRIBUTIONS TO OTHER ORGANIZATIONS THAT IMPROVE AND SAVE THE LIVES OF CHILDREN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONATIONS TO ST. JUDE CHILDREN'S RESEARCH HOSPITAL.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$535,876
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$535,876
Total Program Service Revenue$0
Investment income $21,577
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $557,453

Grants Awarded

Over the last fiscal year, Averitt Express Associates Charities has awarded $1,000,001 in support to 2 organizations.

Grant RecipientAmount

ST JUDE CHILDREN'S RESEARCH HOSPITAL

PURPOSE: TO PROVIDE MONETARY ASSISTANCE FOR MEDICAL TREATMENT AND RESEARCH FOR CHILDHOOD CANCER

$1,000,001
View Grant Profile

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