Impact Nashville Inc

Analysis

Impact Nashville Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Impact Nashville Inc reported income of $276k and spending of $254k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $273k to $276k (+1.1%), an average of +1.1% a year. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Impact Nashville Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within TN. Charities of a similar size with the same main cause include Xtreme Couture Gi Foundation ($276k), Rotary Club Downtown Boca Raton Fund ($277k) and Weakley County Joint Economic Development Corporation ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.