Persist Nashville Inc

Analysis

Persist Nashville Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Persist Nashville Inc reported income of $1.5m and spending of $1.2m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $315k to $1.5m (+384%), an average of +48% a year. The sharpest change came in the year to December 2021, when income rose by 169%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Persist Nashville Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within TN. Charities of a similar size with the same main cause include North Carolina Home Builders Assoc Educational & Charitable Foundatio ($1.5m), Heritage Bible College ($1.5m) and Bridges Middle School ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $171k (15% of expenses). Other salaries and wages came to $430k. At year end it held assets of $560k against liabilities of $0, net assets of $560k. It reported 34 employees.