Nashville Inner City Ministry Inc

Analysis

Nashville Inner City Ministry Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 2000, 26 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 December 2023, Nashville Inner City Ministry Inc reported income of $2.2m and spending of $2.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.2m (+25%), an average of +5.6% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nashville Inner City Ministry Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Breathe Southern California ($2.2m), Sunshine Gospel Ministries ($2.2m) and Academy for Jewish Religion ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $111k (5.1% of expenses). Other salaries and wages came to $907k. At year end it held assets of $2.3m against liabilities of $2.1m, net assets of $177k. It reported 86 employees.