Nexus-Woodbourne Family Healing

Analysis

Nexus-Woodbourne Family Healing is a registered charity in United States, based in Plymouth, MN. It received its IRS tax-exemption ruling in August 1974, 52 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Nexus-Woodbourne Family Healing reported income of $20.3m and spending of $20.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.1m to $20.3m (+68%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nexus-Woodbourne Family Healing 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 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Western Interstate Commission for Higher Education ($20.2m), Mary Free Bed Orthotics and Prosthetics ($20.3m) and Casa Inc ($20.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $302k (1.5% of expenses). Other salaries and wages came to $9.6m. At year end it held assets of $7.5m against liabilities of $3.3m, net assets of $4.2m. It reported 297 employees.