St Mary S Nursing Center Inc
Analysis
St Mary S Nursing Center Inc is a registered charity in United States, based in Leonardtown, MD. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, St Mary S Nursing Center Inc reported income of $13.6m and spending of $13.7m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $14.8m to $13.6m (-8.4%), an average of -2.2% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 90% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Mary S Nursing Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Central North Alabama Health Services Inc ($13.6m), Uspiritus Inc ($13.6m) and Baptist Memorial Health Services Inc ($13.6m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $327k (2.4% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $23.2m against liabilities of $4.9m, net assets of $18.3m. It reported 228 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.2%
- Program services 95%
- Other 3.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Central North Alabama Health Services Inc | Huntsville | $13.6m |
| Uspiritus Inc | Louisville | $13.6m |
| Baptist Memorial Health Services Inc | Memphis | $13.6m |
| Mymichigan Health Foundation | Midland | $13.6m |