Nursing Center at Little Creek

Analysis

Nursing Center at Little Creek is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in March 1956, 70 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Nursing Center at Little Creek reported income of $3.9m and spending of $4.3m, spending 111% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $3.2m to $3.9m (+21%), an average of +4.8% a year. The sharpest change came in the year to May 2022, when income rose by 15%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nursing Center at Little Creek sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include Georgia Health Information Network ($3.9m), Jefferson Medical Care P C ($3.9m) and Atchison Community Health Clinic Inc ($3.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 0.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $234k (5.4% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $1.9m against liabilities of $321k, net assets of $1.6m. It reported 105 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.