Senior Ride Nashville Inc

Analysis

Senior Ride Nashville Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 2017, 9 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, Senior Ride Nashville Inc reported income of $579k and spending of $892k, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $620k to $579k (-6.7%), an average of -1.7% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Senior Ride Nashville Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within TN. Charities of a similar size with the same main cause include Miracle Mission International Outreach Inc ($579k), St Vincent de Paul Society of Wisconsin Dells Inc ($579k) and Society of St Vincent de Paul Our Lady of the Lake Conference ($579k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.8% of the total. Compensation of current officers, directors and key employees was $107k (12% of expenses). Other salaries and wages came to $316k. At year end it held assets of $252k against liabilities of $19k, net assets of $233k. It reported 10 employees.