Nashville Wine Auction

Analysis

Nashville Wine Auction is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Nashville Wine Auction reported income of $4.2m and spending of $4.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $4.2m (+197%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 118%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nashville Wine Auction 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 91st percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include South Central Medical and Resource Center Inc ($4.2m), Preterm Cleveland Inc ($4.2m) and Eastwood Assisted Living Inc ($4.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $151k (3.7% of expenses). Other salaries and wages came to $454k. At year end it held assets of $3.4m against liabilities of $1.5m, net assets of $1.9m. It reported 9 employees.