Metro Nashville Teachers Apartment Inc

Analysis

Metro Nashville Teachers Apartment Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 2009, 17 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 December 2023, Metro Nashville Teachers Apartment Inc reported income of $1.3m and spending of $889k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+13%), an average of +3.2% a year. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Metro Nashville Teachers Apartment 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 83rd percentile within TN. Charities of a similar size with the same main cause include Sowing Empowerment and Economic Development Inc ($1.3m), Center for Chinese Church Studies ($1.3m) and Growing Places ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 91% of the total. At year end it held assets of $5.8m against liabilities of $812k, net assets of $5.0m.