Leadership Nashville Foundation

Analysis

Leadership Nashville Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in January 1977, 49 years ago. 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 2023, Leadership Nashville Foundation reported income of $934k and spending of $683k, leaving 27% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $522k to $934k (+79%), an average of +21% a year. The sharpest change came in the year to June 2022, when income rose by 52%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Leadership Nashville Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include Carriage House Day Care Center Inc ($934k), Youth Hope Foundation ($935k) and Friendship House Housing Development Fund Company Inc ($934k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 9.3% of the total. Compensation of current officers, directors and key employees was $199k (29% of expenses). Other salaries and wages came to $81k. At year end it held assets of $1.3m against liabilities of $7,670, net assets of $1.3m. It reported 2 employees.