Institute for Nursing Inc

Analysis

Institute for Nursing Inc is a registered charity in United States, based in Ewing, NJ. It received its IRS tax-exemption ruling in September 1986, 40 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Institute for Nursing Inc reported income of $792k and spending of $841k, spending 106% of what it took in. Across the 6 years on record, from May 2019 to May 2024, income fell from $1.0m to $792k (-23%), an average of -5.0% a year. The sharpest change came in the year to May 2020, when income dropped by 28%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Nursing Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Dr Annise Mabry Foundation ($792k), Green Technical Education and Employment ($792k) and Electrician Training Academy at Knoxville ($792k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 7.2% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $42k (5.0% of expenses). Other salaries and wages came to $499k. At year end it held assets of $980k against liabilities of $1.2m, net assets of -$226k. It reported 6 employees.