Nazareth Living Center

Analysis

Nazareth Living Center is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Nazareth Living Center reported income of $24.6m and spending of $25.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.6m to $24.6m (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nazareth Living Center sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include Tyler Family Circle of Care ($24.6m), Main Line Health Inc External Reporting ($24.6m) and Munson Home Care ($24.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 98% of the total. Other salaries and wages came to $8.4m. At year end it held assets of $76.9m against liabilities of $59.9m, net assets of $16.9m. It reported 377 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.