Jewish Federation of Nashville & Middle Tennessee
Analysis
Jewish Federation of Nashville & Middle Tennessee is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 1942, 84 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Jewish Federation of Nashville & Middle Tennessee reported income of $3.3m and spending of $2.9m, spending 86% of its income. Across the 6 years on record, from June 2019 to December 2023, income fell from $5.3m to $3.3m (-37%), an average of -8.7% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 91% of the income it received.
Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jewish Federation of Nashville & Middle Tennessee sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include Coalition of Homeless Services Providers ($3.3m), Miami Heart Research Institute Inc ($3.3m) and Wareham Hall Renovation Fund ($3.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 2.2% of the total. Compensation of current officers, directors and key employees was $183k (6.4% of expenses). Other salaries and wages came to $502k. At year end it held assets of $42.9m against liabilities of $11.6m, net assets of $31.3m. It reported 21 employees.
Income and spending
Where the income comes from
- Contributions & grants 63%
- Program services 2.2%
- Other 34%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Coalition of Homeless Services Providers | Seaside | $3.3m |
| Miami Heart Research Institute Inc | Miami | $3.3m |
| Wareham Hall Renovation Fund | Manhattan | $3.3m |
| Ewtn Religious Catalogue Inc | Irondale | $3.4m |