Nashville Rescue Mission

Analysis

Nashville Rescue Mission is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 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 September 2023, Nashville Rescue Mission reported income of $18.2m and spending of $29.2m, spending 161% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $14.9m to $18.2m (+22%), an average of +5.1% a year. The sharpest change came in the year to September 2021, when income rose by 39%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Nashville Rescue Mission sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Actors Fund Housing Development Corporation ($18.2m), Lords Place Inc ($18.2m) and Westminster Pines Inc ($18.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $244k (0.8% of expenses). Other salaries and wages came to $6.2m. It paid $369k in professional fundraising fees. At year end it held assets of $27.4m against liabilities of $2.8m, net assets of $24.6m. It reported 159 employees.