Friends of Shelby Park Inc

Analysis

Friends of Shelby Park Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 2008, 18 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Friends of Shelby Park Inc reported income of $1.0m and spending of $537k, leaving 47% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $271k to $1.0m (+276%), an average of +94% a year. The sharpest change came in the year to December 2023, when income rose by 177%. Over the whole period it spent 59% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Friends of Shelby Park Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Apostle Islands Historic Preservation Conservancy ($1.0m), Community Climate Collaborative Inc ($1.0m) and Chautauqua Lake Association Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $94k (18% of expenses). Other salaries and wages came to $65k. At year end it held assets of $988k against liabilities of $86k, net assets of $902k. It reported 4 employees.