Snap South Nashville Action People Inc

Analysis

Snap South Nashville Action People Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 2022, 4 years ago. 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, Snap South Nashville Action People Inc reported income of $55k and spending of $31k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $55k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Snap South Nashville Action People Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within TN. Charities of a similar size with the same main cause include Wickliffe Band Boosters Inc ($55k), Mohammed Mussa Ministries ($55k) and Legatus ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.2% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.