Mason City Area Nursing Home Association Inc

Analysis

Mason City Area Nursing Home Association Inc is a registered charity in United States, based in Mason City, IL. It received its IRS tax-exemption ruling in August 1988, 38 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mason City Area Nursing Home Association Inc reported income of $5.5m and spending of $5.6m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $5.5m (+24%), an average of +5.5% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mason City Area Nursing Home Association Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Foundation for the Accreditation of Cellular Therapy ($5.5m), Bethel Nursing Home Co Inc ($5.5m) and Medical Review of North Carolina Inc ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $2.8m against liabilities of $472k, net assets of $2.3m. It reported 123 employees.