Disciples Foundation Inc

Analysis

Disciples Foundation Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 2001, 25 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 June 2023, Disciples Foundation Inc reported income of $371k and spending of $356k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $429k to $371k (-14%), an average of -3.6% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Disciples Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include New Berlin Athletic Association Inc ($371k), Friends of the Museums Inc ($371k) and Civicpulse ($371k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $44k (12% of expenses). Other salaries and wages came to $69k. At year end it held assets of $1.8m against liabilities of $188k, net assets of $1.6m. It reported 4 employees.