Patty Hanks Shelton School of Nursing

Analysis

Patty Hanks Shelton School of Nursing is a registered charity in United States, based in Abilene, TX. It received its IRS tax-exemption ruling in March 2006, 20 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 May 2022, Patty Hanks Shelton School of Nursing reported income of $2.5m and spending of $2.4m, spending 97% of its income. Across the 4 years on record, from May 2019 to May 2022, income grew from $2.3m to $2.5m (+7.5%), an average of +2.4% a year. Over the whole period it spent 127% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Patty Hanks Shelton School of Nursing sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Togethered Inc ($2.5m), Achievement Rewards for College Scients Foundation Inc ($2.5m) and Baltimore Design School Inc ($2.5m).

On its Form 990 for the period ending May 2022, revenue came from contributions and grants 8.4% and program service revenue 86% of the total. Other salaries and wages came to $1.3m. At year end it held assets of $3.4m against liabilities of $520k, net assets of $2.9m. It reported 32 employees.