Indiana Center for Nursing Inc

Analysis

Indiana Center for Nursing Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in March 2009, 17 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, Indiana Center for Nursing Inc reported income of $1.2m and spending of $1.2m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $652k to $1.2m (+79%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Indiana Center for Nursing Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include Cancer League of Colorado Inc ($1.2m), Episcopal Ministries of Long Island ($1.2m) and Virgin Islands Healthcare Foundation Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $260k (22% of expenses). Other salaries and wages came to $70k. At year end it held assets of $506k against liabilities of $30k, net assets of $476k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.