Open Table of Nashville Inc

Analysis

Open Table of Nashville Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Open Table of Nashville Inc reported income of $698k and spending of $713k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $619k to $698k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Open Table of Nashville Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within TN. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($698k), Senior Citizens Housing Development Corporation of Boston Inc ($699k) and NCS Housing Development Fund Company Inc ($698k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $65k (9.2% of expenses). Other salaries and wages came to $352k. At year end it held assets of $391k against liabilities of $19k, net assets of $373k. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.