International Honor Society of Nursing Foundation Inc

Analysis

International Honor Society of Nursing Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, International Honor Society of Nursing Foundation Inc reported income of $2.0m and spending of $2.1m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.8m to $2.0m (-28%), an average of -7.9% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, International Honor Society of Nursing Foundation Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Communities in Schools of Permian Basin Inc ($2.0m), American Renaissance Academy ($2.0m) and Holly Hill Academy Inc ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $220k (11% of expenses). Other salaries and wages came to $292k. At year end it held assets of $15.7m against liabilities of $1.2m, net assets of $14.5m.