Mount Desert Nursing Association

Analysis

Mount Desert Nursing Association is a registered charity in United States, based in Northeast Harbor, ME. It received its IRS tax-exemption ruling in December 1965, 61 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, Mount Desert Nursing Association reported income of $1.0m and spending of $1.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $715k to $1.0m (+46%), an average of +9.8% a year. The sharpest change came in the year to December 2020, when income rose by 64%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mount Desert Nursing Association sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 77th percentile within ME. Charities of a similar size with the same main cause include Bushkill Emergency Corps Inc ($1.0m), Azalea Place Non-Profit Housing ($1.0m) and Reality Improv Connection Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $121k (11% of expenses). Other salaries and wages came to $591k. At year end it held assets of $966k against liabilities of $59k, net assets of $907k. It reported 16 employees.