Nurses for Newborns

Analysis

Nurses for Newborns is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Nurses for Newborns reported income of $3.9m and spending of $4.3m, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $4.8m to $3.9m (-19%), an average of -6.6% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nurses for Newborns sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 89th percentile within MO. Charities of a similar size with the same main cause include Afro American Parents Educational Center Inc ($3.9m), Pike Market Senior Center ($3.9m) and California Parenting Institute ($3.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $270k (6.3% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $5.1m against liabilities of $1.5m, net assets of $3.6m. It reported 68 employees.