Nurturing Center Inc

Analysis

Nurturing Center Inc is a registered charity in United States, based in Columbia, SC. It received its IRS tax-exemption ruling in September 1989, 37 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Nurturing Center Inc reported income of $530k and spending of $517k, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $571k to $530k (-7.2%), an average of -1.9% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Nurturing Center Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within SC. Charities of a similar size with the same main cause include Finding Hope Ministries ($530k), Bridges Child Placement Agency ($530k) and Billerica Community Pantry Inc ($530k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 39% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $74k (14% of expenses). Other salaries and wages came to $141k. At year end it held assets of $463k against liabilities of $27k, net assets of $437k. It reported 6 employees.