Nazarene Well House

Analysis

Nazarene Well House is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Nazarene Well House reported income of $75k and spending of $86k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $140k to $75k (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income dropped by 37%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nazarene Well House sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include Al-Anon Family Groups of Arizona ($75k), Bras for the Cause Iowa Foundation Inc ($75k) and Fundacion Asistencia Centro de Trauma Inc ($75k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $500k against liabilities of $9,000, net assets of $491k.