Coalition of African American Nurses

Analysis

Coalition of African American Nurses is a registered charity in United States, based in Matteson, IL. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Coalition of African American Nurses reported income of $1.2m and spending of $1.3m, spending 104% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $694k to $1.2m (+79%), an average of +16% a year. The sharpest change came in the year to December 2019, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Coalition of African American Nurses sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within IL. Charities of a similar size with the same main cause include HFS Chicago Scholars ($1.2m), Billion Dollar Roundtable Inc ($1.2m) and Lake Highland Preparatory School Foundation Inc ($1.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $823k (64% of expenses). At year end it held assets of $473k against liabilities of $219k, net assets of $254k. It reported 33 employees.