Tennessee Bar Foundation

Analysis

Tennessee Bar Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in November 1967, 59 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2024, Tennessee Bar Foundation reported income of $10.2m and spending of $3.7m, leaving 64% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.9m to $10.2m (+447%), an average of +53% a year. The sharpest change came in the year to June 2023, when income rose by 363%. Over the whole period it spent 44% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Tennessee Bar Foundation sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TN. Charities of a similar size with the same main cause include Disability Rights Florida Inc ($10.1m), V-Day ($10.2m) and Legal Aid Society of Mid New York Inc ($10.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.5% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $167k (4.5% of expenses). Other salaries and wages came to $76k. At year end it held assets of $27.2m against liabilities of $1.6m, net assets of $25.6m. It reported 2 employees.