Nashville Teacher Residency

Analysis

Nashville Teacher Residency is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in June 2015, 11 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 June 2024, Nashville Teacher Residency reported income of $1.1m and spending of $1.2m, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $592k to $1.1m (+85%), an average of +13% a year. The sharpest change came in the year to June 2023, when income rose by 141%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nashville Teacher Residency sits at the 77th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Andersonville Baptist Seminary Inc ($1.1m), Oak Valley College ($1.1m) and Ministries of Jesus Clinics Inc ($1.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $140k (12% of expenses). Other salaries and wages came to $551k. At year end it held assets of $2.0m against liabilities of $55k, net assets of $1.9m. It reported 10 employees.