National Council of State Boards of Nursing Inc

Analysis

National Council of State Boards of Nursing Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1987, 39 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, National Council of State Boards of Nursing Inc reported income of $131.7m and spending of $138.9m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $88.3m to $131.7m (+49%), an average of +10% a year. The sharpest change came in the year to September 2022, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, National Council of State Boards of Nursing Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Jane Phillips Memorial Medical Center Inc ($131.6m), Lucile Packard Foundation for Childrens Health ($131.7m) and Prohealth Oconomowoc Memorial Hospital Inc ($131.6m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $2.5m (1.8% of expenses). Other salaries and wages came to $15.2m. At year end it held assets of $288.3m against liabilities of $40.0m, net assets of $248.3m. It reported 163 employees.