Nashville Sailing Foundation Inc

Analysis

Nashville Sailing Foundation Inc is a registered charity in United States, based in Old Hickory, TN. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Nashville Sailing Foundation Inc reported income of $69k and spending of $60k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $72k to $69k (-4.0%), an average of -4.0% a year. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Nashville Sailing Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within TN. Charities of a similar size with the same main cause include West Houston Homeschool Sports Association ($69k), Ashland Soccer Club Inc ($69k) and Bay Hockey Association Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $184k against liabilities of $3,115, net assets of $181k.