Menifee County Nursing Home Corporation

Analysis

Menifee County Nursing Home Corporation is a registered charity in United States, based in Frenchburg, KY. It received its IRS tax-exemption ruling in July 1996, 30 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 February 2022, Menifee County Nursing Home Corporation reported income of $3.5m and spending of $3.3m, spending 94% of its income. Across the 3 years on record, from February 2020 to February 2022, income fell from $4.2m to $3.5m (-17%), an average of -8.6% a year. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Menifee County Nursing Home Corporation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KY. Charities of a similar size with the same main cause include Aging Services Inc ($3.5m), Harborcov Inc ($3.5m) and Christian Service Center for Central Florida Inc ($3.5m).

On its Form 990 for the period ending February 2022, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $670k against liabilities of $1.6m, net assets of -$894k. It reported 125 employees.