NRV Nursing Center Incorporated

Analysis

NRV Nursing Center Incorporated is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in April 1998, 28 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 September 2023, NRV Nursing Center Incorporated reported income of $11.6m and spending of $10.6m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.9m to $11.6m (+18%), an average of +4.2% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, NRV Nursing Center Incorporated sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Vivent Health Texas Inc ($11.6m), Bronx Addiction Services Integrated Concepts System Inc ($11.6m) and Homeassist Health Inc ($11.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 100% of the total. At year end it held assets of $9.2m against liabilities of $8.0m, net assets of $1.1m.