Council on Aging of Greater Nashville

Analysis

Council on Aging of Greater Nashville is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Council on Aging of Greater Nashville reported income of $666k and spending of $654k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $443k to $666k (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Council on Aging of Greater Nashville sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Children First of Cleveland ($666k), Childrens Center of Oswego Inc ($666k) and Ubuntu Village Nola ($666k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $352k. At year end it held assets of $402k against liabilities of $68k, net assets of $334k. It reported 7 employees.