Nebraska Methodist College of Nursing and Allied Health

Analysis

Nebraska Methodist College of Nursing and Allied Health is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in April 1990, 36 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nebraska Methodist College of Nursing and Allied Health reported income of $28.4m and spending of $31.2m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $23.5m to $28.4m (+21%), an average of +4.8% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nebraska Methodist College of Nursing and Allied Health sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NE. Charities of a similar size with the same main cause include Warden & Scholars of New College Oxford ($28.3m), Benson Hospital Corporation ($28.4m) and Brownsville Community Health Clinic Corporation ($28.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Other salaries and wages came to $13.2m. At year end it held assets of $50.8m against liabilities of $4.9m, net assets of $45.9m. It reported 373 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.