Ladies of Charity of Nashville

Analysis

Ladies of Charity of Nashville is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in January 1927, 99 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Ladies of Charity of Nashville reported income of $429k and spending of $440k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $286k to $429k (+50%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ladies of Charity of Nashville sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within TN. Charities of a similar size with the same main cause include Mali Health Organizing Project Inc ($429k), Innovate Work Lab Inc ($429k) and National Institute for Construction Excellence ($429k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. Other salaries and wages came to $32k. At year end it held assets of $688k against liabilities of $13k, net assets of $675k. It reported 1 employees.