Noland Health Services Inc

Analysis

Noland Health Services Inc is a registered charity in United States, based in Hoover, AL. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Noland Health Services Inc reported income of $139.0m and spending of $135.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $155.9m to $139.0m (-11%), an average of -2.8% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Noland Health Services Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within AL. Charities of a similar size with the same main cause include Humangood Socal ($138.6m), Unbound ($140.0m) and Ken-Crest Services ($138.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $2.7m (2.0% of expenses). Other salaries and wages came to $57.2m. At year end it held assets of $529.2m against liabilities of $135.6m, net assets of $393.6m. It reported 2,268 employees.