Nikki Mitchell Foundation Inc

Analysis

Nikki Mitchell Foundation Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Nikki Mitchell Foundation Inc reported income of $740k and spending of $540k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $518k to $740k (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 133%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nikki Mitchell Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within TN. Charities of a similar size with the same main cause include Brackett After School Program Inc C/O Thea Galeno ($740k), SC School for the Deaf and the Blind Foundation Inc ($740k) and Domestic Violence Services Inc ($740k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $91k (17% of expenses). Other salaries and wages came to $150k. At year end it held assets of $741k against liabilities of $9,145, net assets of $732k. It reported 9 employees.