Nursing Heart Inc

Analysis

Nursing Heart Inc is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in January 2013, 13 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 2024, Nursing Heart Inc reported income of $334k and spending of $306k, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $369k to $334k (-9.5%), an average of -2.5% a year. The sharpest change came in the year to June 2024, when income rose by 63%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nursing Heart Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within MN. Charities of a similar size with the same main cause include Para Ti Mujer ($334k), Children by Choice ($334k) and Together Friends Organization Inc ($334k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 65% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $70k (23% of expenses). Other salaries and wages came to $61k. At year end it held assets of $288k against liabilities of $734, net assets of $287k. It reported 1 employees.