Goodwill Foundation of Middle TN

Analysis

Goodwill Foundation of Middle TN is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Goodwill Foundation of Middle TN reported income of $76.8m and spending of $28k, leaving 100% of income unspent that year. Over the whole period it spent 0.0% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Goodwill Foundation of Middle TN sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include International Financial Reporting Standards Foundation ($76.4m), Detroit Employment Solutions Corporation ($77.2m) and Goodwill of the San Francisco Bay ($75.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $84.7m against liabilities of $228k, net assets of $84.5m.