Tennessee Grocers Education Foundation

Analysis

Tennessee Grocers Education Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 1987, 39 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2023, Tennessee Grocers Education Foundation reported income of $224k and spending of $364k, spending 163% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $73k to $224k (+207%), an average of +32% a year. The sharpest change came in the year to May 2020, when income rose by 159%. Over the whole period it spent 183% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tennessee Grocers Education Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within TN. Charities of a similar size with the same main cause include The Scholarship Foundation of Robertson County ($224k), Iacc - Americas Learning Program Inc ($224k) and Clay County Trail Blazers ($224k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 50% and program service revenue 0.2% of the total. At year end it held assets of $1.6m against liabilities of $568k, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.