Accreditation Commission for Education in Nursing Inc
Analysis
Accreditation Commission for Education in Nursing Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Accreditation Commission for Education in Nursing Inc reported income of $7.2m and spending of $6.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.6m to $7.2m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 88% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Accreditation Commission for Education in Nursing Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within GA. Charities of a similar size with the same main cause include Kalamazoo Valley Community College Foundation ($7.2m), Barack Obama Green Charter School Inc ($7.2m) and Energized for STEM Academy Inc ($7.2m).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.1m (15% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $18.7m against liabilities of $6.8m, net assets of $12.0m. It reported 26 employees.
Income and spending
Where the income comes from
- Program services 98%
- Other 2.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kalamazoo Valley Community College Foundation | Kalamazoo | $7.2m |
| Barack Obama Green Charter School Inc | Plainfield | $7.2m |
| Energized for STEM Academy Inc | Houston | $7.2m |
| Boricua College | New York | $7.2m |