Shriver Nursing Services Inc

Analysis

Shriver Nursing Services Inc is a registered charity in United States, based in Westborough, MA. It received its IRS tax-exemption ruling in January 2003, 23 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, Shriver Nursing Services Inc reported income of $12.0m and spending of $10.3m, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $10.5m to $12.0m (+15%), an average of +4.7% a year. 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, Shriver Nursing Services Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Bishop Wicke Health and Rehabilitation Center Inc ($12.0m), CHS of Worcester Inc ($12.0m) and Community Healthnet Inc ($12.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $248k (2.4% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $9.7m against liabilities of $766k, net assets of $8.9m. It reported 176 employees.