First Priority of America Inc

Analysis

First Priority of America Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in July 1997, 29 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 June 2023, First Priority of America Inc reported income of $1.3m and spending of $2.0m, spending 150% of what it took in. Across the 5 years on record, from December 2019 to June 2023, income grew from $551k to $1.3m (+140%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 132%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, First Priority of America Inc 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 84th percentile within TN. Charities of a similar size with the same main cause include Robertson County Fair Association Inc ($1.3m), Belmont Academy ($1.3m) and Brookwood Christian Language Schoolinc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $420k (21% of expenses). Other salaries and wages came to $632k. At year end it held assets of $647k against liabilities of $19k, net assets of $628k. It reported 21 employees.