Shelby Foundation Inc

Analysis

Shelby Foundation Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Shelby Foundation Inc reported income of $92k and spending of $97k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $69k to $92k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shelby Foundation Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within TN. Charities of a similar size with the same main cause include Refugee and Migrant Women S Initiative ($92k), North Carolina Quarter Midget Association ($92k) and Anacortes Farmers Market ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 146% of the total. At year end it held assets of $454k against liabilities of $0, net assets of $454k.