Scarritt-Bennett Center

Analysis

Scarritt-Bennett Center is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in January 1941, 85 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Scarritt-Bennett Center reported income of $3.3m and spending of $4.2m, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.3m to $3.3m (-23%), an average of -6.4% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Scarritt-Bennett Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include Paradisus Dei Inc ($3.3m), Gospel Partners Media Inc ($3.3m) and Hope and Healing Center & Institute ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $113k (2.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $17.9m against liabilities of $3.3m, net assets of $14.6m. It reported 39 employees.