Tennessee Charter School Incubator Inc

Analysis

Tennessee Charter School Incubator Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tennessee Charter School Incubator Inc reported income of $1.1m and spending of $1.9m, spending 176% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.1m (-47%), an average of -15% a year. The sharpest change came in the year to December 2022, when income rose by 72%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tennessee Charter School Incubator Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Classical Christian Academy Inc ($1.1m), Gale Force Education ($1.1m) and Thinkself Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. Other salaries and wages came to $626k. At year end it held assets of $822k against liabilities of $69k, net assets of $753k. It reported 11 employees.