Tennessee Innocence Project

Analysis

Tennessee Innocence Project is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 Innocence Project reported income of $1.6m and spending of $1.3m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $375k to $1.6m (+327%), an average of +44% a year. The sharpest change came in the year to December 2021, when income rose by 486%. Over the whole period it spent 62% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Tennessee Innocence Project sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include Miami Beach Gay Pride ($1.6m), Eqtx Equality Texas Foundation ($1.6m) and Inclusive Communities ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $101k (7.5% of expenses). Other salaries and wages came to $454k. At year end it held assets of $2.6m against liabilities of $131k, net assets of $2.5m. It reported 13 employees.