Organization for Associates Degree Nursing Foundation Inc

Analysis

Organization for Associates Degree Nursing Foundation Inc is a registered charity in United States, based in Edwardsville, IL. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Organization for Associates Degree Nursing Foundation Inc reported income of $542k and spending of $515k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $542k (+120%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Organization for Associates Degree Nursing Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Saint Clares Tahoe a Mountain Montessori School ($542k), Spring Educational Services Inc ($542k) and Beyond the Boroughs Inc ($542k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $292k (57% of expenses). Other salaries and wages came to $137k. At year end it held assets of $202k against liabilities of $8,294, net assets of $193k. It reported 4 employees.