Nashville LGBT Chamber Foundation

Analysis

Nashville LGBT Chamber Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nashville LGBT Chamber Foundation reported income of $228k and spending of $39k, leaving 83% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $228k (+168%), an average of +168% a year. The sharpest change came in the year to December 2023, when income rose by 168%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nashville LGBT Chamber Foundation sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within TN. Charities of a similar size with the same main cause include Literacy Volunteers of Broome-Tioga County Inc ($228k), Aatseel ($228k) and Orthopedic Foot Club ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $257k against liabilities of $0, net assets of $257k.