The Nashville Chamber Public Benefit Foundation

Analysis

The Nashville Chamber Public Benefit Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 1990, 36 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, The Nashville Chamber Public Benefit Foundation reported income of $1.8m and spending of $1.5m, spending 83% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $220k to $1.8m (+710%), an average of +69% a year. The sharpest change came in the year to June 2021, when income rose by 645%. Over the whole period it spent 57% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Nashville Chamber Public Benefit Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within TN. Charities of a similar size with the same main cause include Amish Mennonite Aid Inc ($1.8m), Transylvania Habitat for Humanity Inc ($1.8m) and Davis College ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 0.6% of the total. At year end it held assets of $4.2m against liabilities of $905k, net assets of $3.3m.