Nashville Scottish Rite Foundation Inc

Analysis

Nashville Scottish Rite Foundation Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 1977, 49 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 December 2023, Nashville Scottish Rite Foundation Inc reported income of $131k and spending of $16k, leaving 88% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $100k to $131k (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2022, when income rose by 99%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nashville Scottish Rite Foundation Inc sits at the 43rd percentile: it is larger than about 43% 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 Order of the Founders & Patriots of America ($131k), Los Olivos Senior Center Assoc Inc ($131k) and Ohio Coalition for Adult Protective Services ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $2.3m against liabilities of $54k, net assets of $2.3m.