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Tennessee Foundation for Qualitypatient Healthcare

RegisteredEIN 20-4232591Nashville, TNHealth and saving lives
Income$90k2023-12
Spending$91ksame year
Spent / received103%2-year average
Size in its cause26th pctHealth and saving lives
Exempt since2022Supporting organisation (typ
Employees–latest return

Analysis

Tennessee Foundation for Qualitypatient Healthcare is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Tennessee Foundation for Qualitypatient Healthcare reported income of $90k and spending of $91k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $100k to $90k (-10%), an average of -10% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tennessee Foundation for Qualitypatient Healthcare sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within TN. Charities of a similar size with the same main cause include Therapy Partners Inc ($90k), Cherbonay at Marsalis Independent Living Inc ($90k) and Fayette County Association for the Blind ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $110k against liabilities of $41k, net assets of $69k.

Income and spending

$0$26k$53k$79k$105k2022 Income: $100,4882022 Spending: $105,09020222023 Income: $90,2322023 Spending: $90,5072023
IncomeSpending

Where the income comes from

  • Contributions & grants 77%
  • Program services 23%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Therapy Partners IncHuntsville$90k
Cherbonay at Marsalis Independent Living IncDallas$90k
Fayette County Association for the BlindUniontown$90k
Myasthenia Gravis Foundation of MichiganGrand Rapids$90k