Medical Foundation of Nashville

Analysis

Medical Foundation of Nashville is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover health care, 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, Medical Foundation of Nashville reported income of $1.4m and spending of $1.4m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $338k to $1.4m (+324%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medical Foundation of Nashville sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within TN. Charities of a similar size with the same main cause include New Mexico Cancer Care Alliance ($1.4m), Main Link ($1.4m) and Managed Emergency Surge for Healthcare Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $94k (6.9% of expenses). Other salaries and wages came to $743k. At year end it held assets of $625k against liabilities of $257k, net assets of $368k.