Nashville Food Project Inc

Analysis

Nashville Food Project Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Nashville Food Project Inc reported income of $3.7m and spending of $3.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.7m (+55%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nashville Food Project Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include St Vincents Episcopal House & Preschool ($3.7m), Aging Care Connections ($3.7m) and Family Connections Centers ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $110k (3.0% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $5.8m against liabilities of $162k, net assets of $5.6m. It reported 40 employees.