Ace Mentor Program of Greater Nashville Inc

Analysis

Ace Mentor Program of Greater Nashville Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in June 2003, 23 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 April 2024, Ace Mentor Program of Greater Nashville Inc reported income of $133k and spending of $118k, spending 89% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $96k to $133k (+38%), an average of +38% a year. The sharpest change came in the year to April 2024, when income rose by 38%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ace Mentor Program of Greater Nashville Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within TN. Charities of a similar size with the same main cause include American Friends of Nefesh Hachaim Inc ($132k), University of Kentucky Equine Research Foundation Inc ($133k) and Orchestra Parents-Patrons United Support ($132k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 112% of the total. At year end it held assets of $311k against liabilities of $185k, net assets of $126k.