Central School of Practical Nursing Inc

Analysis

Central School of Practical Nursing Inc is a registered charity in United States, based in Independence, OH. It received its IRS tax-exemption ruling in September 1962, 64 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 December 2023, Central School of Practical Nursing Inc reported income of $2.4m and spending of $2.2m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $2.4m (+16%), an average of +3.9% a year. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central School of Practical Nursing Inc 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 87th percentile, and in the 87th percentile within OH. Charities of a similar size with the same main cause include Providence Preparatory School ($2.4m), Parkview Montessori School Inc ($2.4m) and Breakthrough Twin Cities ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 11% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.2m against liabilities of $1.1m, net assets of $119k. It reported 32 employees.