Philippine Nurses Assoc of Mich

Analysis

Philippine Nurses Assoc of Mich is a registered charity in United States, based in Southfield, MI. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Philippine Nurses Assoc of Mich reported income of $83k and spending of $105k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $138k to $83k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 113% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Philippine Nurses Assoc of Mich sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within MI. Charities of a similar size with the same main cause include Harvard Club of Southern California ($83k), North Carolina Mock Trial Program ($83k) and Woodmoor Ptsa 6 10 New ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% and program service revenue 54% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.