Nashville Adult Literacy Council Inc

Analysis

Nashville Adult Literacy Council Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 1983, 43 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 Adult Literacy Council Inc reported income of $629k and spending of $711k, spending 113% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $600k to $629k (+4.8%), an average of +0.9% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nashville Adult Literacy Council Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within TN. Charities of a similar size with the same main cause include Christ Community Preschool ($629k), Boz Life Science Research and Teaching Institute ($629k) and Gary Educational Development Foundation Inc ($629k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $611k. At year end it held assets of $496k against liabilities of $22k, net assets of $474k. It reported 17 employees.