Nashville Technology Council Foundation

Analysis

Nashville Technology Council Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in November 2013, 13 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, Nashville Technology Council Foundation reported income of $680k and spending of $536k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $366k to $680k (+86%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 81%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nashville Technology Council Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Springfield Technical Community College Foundation Inc ($680k), Little Falls Public Library ($680k) and Center for Life and Faith ($680k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.