Ten Thousand Villages of Nashville Inc

Analysis

Ten Thousand Villages of Nashville Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Ten Thousand Villages of Nashville Inc reported income of $163k and spending of $194k, spending 119% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income fell from $237k to $163k (-31%), an average of -7.3% a year. The sharpest change came in the year to March 2022, when income rose by 27%. Over the whole period it spent 115% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ten Thousand Villages of Nashville Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within TN. Charities of a similar size with the same main cause include Veritas Vinum Foundation ($163k), Our Town Belfast ($163k) and Friends of SJF Inc ($163k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 21% of the total. Compensation of current officers, directors and key employees was $69k (36% of expenses). At year end it held assets of $97k against liabilities of $111k, net assets of -$14k. It reported 8 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.