Nicklaus Childrens Health Care Foundation Inc

Analysis

Nicklaus Childrens Health Care Foundation Inc is a registered charity in United States, based in Juno Beach, FL. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2022, Nicklaus Childrens Health Care Foundation Inc reported income of $15.4m and spending of $8.1m, leaving 47% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $14.0m to $15.4m (+9.9%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income dropped by 19%. Over the whole period it spent 51% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Nicklaus Childrens Health Care Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Greater Cedar Rapids Community Foundation ($15.3m), Commonheart Inc ($15.4m) and Aston Park Health Care Center Inc ($15.3m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 115% of the total. Compensation of current officers, directors and key employees was $660k (8.2% of expenses). Other salaries and wages came to $300k. At year end it held assets of $46.9m against liabilities of $919k, net assets of $46.0m. It reported 5 employees.