National University of Health Sciences

Analysis

National University of Health Sciences is a registered charity in United States, based in Lombard, IL. It received its IRS tax-exemption ruling in August 1942, 84 years ago. 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 August 2023, National University of Health Sciences reported income of $20.3m and spending of $20.6m, spending 101% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $22.6m to $20.3m (-10%), an average of -2.6% a year. The sharpest change came in the year to August 2022, when income dropped by 17%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National University of Health Sciences sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Alfred B Maclay Jr Day School ($20.3m), Lincoln School ($20.4m) and Mary Free Bed Orthotics and Prosthetics ($20.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 3.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $968k (4.7% of expenses). Other salaries and wages came to $9.3m. At year end it held assets of $52.1m against liabilities of $6.2m, net assets of $46.0m. It reported 361 employees.