The Snedeker Foundation

Analysis

The Snedeker Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Snedeker Foundation reported income of $499k and spending of $187k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $499k (-64%), an average of -22% a year. The sharpest change came in the year to December 2020, when income dropped by 69%. Over the whole period it spent 63% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Snedeker Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Coastal School Ministries Inc ($499k), Charusat Education Foundation Inc ($499k) and Barrier Breakers Inc ($499k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m.