40 & 8 George B Boland Nurses Training Ta

Analysis

40 & 8 George B Boland Nurses Training Ta is a registered charity in United States, based in Muncie, IN. It received its IRS tax-exemption ruling in December 1977, 49 years ago. 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 October 2023, 40 & 8 George B Boland Nurses Training Ta reported income of $161k and spending of $41k, leaving 74% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income grew from $60k to $161k (+168%), an average of +28% a year. The sharpest change came in the year to October 2022, when income rose by 152%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 40 & 8 George B Boland Nurses Training Ta sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within IN. Charities of a similar size with the same main cause include Chagrin Falls Meals on Wheels Inc ($161k), Goose Rocks Beach Association Inc ($161k) and Little League Baseball Inc ($161k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 9.5% of the total. Compensation of current officers, directors and key employees was $10k (24% of expenses). At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.