Timely Mission Nursing Home

Analysis

Timely Mission Nursing Home is a registered charity in United States, based in Buffalo Center, IA. It received its IRS tax-exemption ruling in January 1964, 62 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 July 2024, Timely Mission Nursing Home reported income of $2.8m and spending of $2.8m, spending 101% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $2.6m to $2.8m (+5.1%), an average of +1.2% a year. The sharpest change came in the year to July 2022, when income dropped by 16%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Timely Mission Nursing Home sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within IA. Charities of a similar size with the same main cause include Palomar Health Foundation ($2.8m), FMHM Community Living ($2.8m) and Area IV Mental Health Services Coalition ($2.8m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $1.8m against liabilities of $226k, net assets of $1.6m. It reported 66 employees.