Nfib Small Businees Legal Center

Analysis

Nfib Small Businees Legal Center is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nfib Small Businees Legal Center reported income of $1.3m and spending of $1.1m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $648k to $1.3m (+99%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 61%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nfib Small Businees Legal Center sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within TN. Charities of a similar size with the same main cause include Montessori Academy of Evansville ($1.3m), Little Peoples School ($1.3m) and The Contributor Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $322k (30% of expenses). Other salaries and wages came to $273k. At year end it held assets of $888k against liabilities of $179k, net assets of $710k. It reported 4 employees.