National League for Nursing Inc

Analysis

National League for Nursing Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 1954, 72 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, National League for Nursing Inc reported income of $9.8m and spending of $10.9m, spending 112% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income fell from $10.6m to $9.8m (-7.6%), an average of -2.0% a year. The sharpest change came in the year to December 2021, when income rose by 24%. 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, National League for Nursing Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 87th percentile within DC. Charities of a similar size with the same main cause include Tac Industries Inc ($9.8m), Rimrock Foundation ($9.8m) and Friends Boarding Home of Concord Quarterly Meeting ($9.8m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 12% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $2.2m (20% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $11.4m against liabilities of $6.4m, net assets of $5.0m. It reported 51 employees.