Ivy Center Foundation of Nashville Inc

Analysis

Ivy Center Foundation of Nashville Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in January 1986, 40 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Ivy Center Foundation of Nashville Inc reported income of $70k and spending of $59k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $331k to $70k (-79%), an average of -32% a year. The sharpest change came in the year to December 2021, when income dropped by 69%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ivy Center Foundation of Nashville Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within TN. Charities of a similar size with the same main cause include Zimmerman Fund for Children Inc ($70k), Bayou Villages Chapter National Charity League Inc ($70k) and Project St Anne Inc ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $1.1m against liabilities of $20k, net assets of $1.1m.