Beulah Community Nursing Home

Analysis

Beulah Community Nursing Home is a registered charity in United States, based in Beulah, ND. It received its IRS tax-exemption ruling in April 1967, 59 years ago. 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 June 2023, Beulah Community Nursing Home reported income of $13.2m and spending of $11.6m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.9m to $13.2m (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Beulah Community Nursing Home sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within ND. Charities of a similar size with the same main cause include Families & Children Together Inc ($13.2m), NDC Housing and Economic Development Corporation ($13.2m) and Connectability of MN Inc ($13.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $148k (1.3% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $11.1m against liabilities of $7.3m, net assets of $3.8m. It reported 173 employees.