Tennessee Local Food Summit

Analysis

Tennessee Local Food Summit is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Tennessee Local Food Summit reported income of $57k and spending of $57k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $57k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tennessee Local Food Summit sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within TN. Charities of a similar size with the same main cause include Red P ($57k), Teleos Institute ($57k) and Northern Pittsylvania County Food Center ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 65% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.