American Board of Nursing Specialties

Analysis

American Board of Nursing Specialties is a registered charity in United States, based in Boxborough, MA. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, American Board of Nursing Specialties reported income of $129k and spending of $161k, spending 124% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $167k to $129k (-23%), an average of -5.0% a year. The sharpest change came in the year to June 2020, when income rose by 46%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, American Board of Nursing Specialties sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Jubilee House Outreach ($129k), Lafayette Farmers and Artisans ($129k) and Mitchell County Food Bank and Help Center Inc ($129k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 46% and program service revenue 50% of the total. At year end it held assets of $461k against liabilities of $46k, net assets of $415k.