Southwest Harbor-Tremont Nursing Service Inc

Analysis

Southwest Harbor-Tremont Nursing Service Inc is a registered charity in United States, based in Southwest HBR, ME. It received its IRS tax-exemption ruling in September 1960, 66 years ago. 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, Southwest Harbor-Tremont Nursing Service Inc reported income of $529k and spending of $522k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $296k to $529k (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southwest Harbor-Tremont Nursing Service Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within ME. Charities of a similar size with the same main cause include Community Partners Campus Inc ($529k), United Way of Goodhue Wabasha & Pierce Counties ($529k) and Pregnancy Help Center Inc ($529k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 39% of the total. Other salaries and wages came to $308k. At year end it held assets of $1.2m against liabilities of $8,926, net assets of $1.2m. It reported 26 employees.