Middle Tennessee Research Institute

Analysis

Middle Tennessee Research Institute is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 1991, 35 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Middle Tennessee Research Institute reported income of $304k and spending of $613k, spending 202% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $612k to $304k (-50%), an average of -16% a year. The sharpest change came in the year to September 2021, when income rose by 82%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Middle Tennessee Research Institute sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within TN. Charities of a similar size with the same main cause include Assure the Future ($304k), Ufcs ($304k) and Advocates for Better Health ($304k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $102k (17% of expenses). Other salaries and wages came to $282k. At year end it held assets of $1.5m against liabilities of $427k, net assets of $1.1m. It reported 3 employees.