Nashville Electrical Jatc

Analysis

Nashville Electrical Jatc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 1973, 53 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nashville Electrical Jatc reported income of $2.9m and spending of $1.4m, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.9m (+121%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 112%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nashville Electrical Jatc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include Wheaton Arts and Cultural Center Inc ($2.9m), Hillel the Foundation for Jewish Campus Life ($2.9m) and Senior Friendship Centers Foundation Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.1% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $160k (11% of expenses). Other salaries and wages came to $420k. At year end it held assets of $5.6m against liabilities of $54k, net assets of $5.6m. It reported 24 employees.