Methodist Nursing Home of Fort Smith Inc

Analysis

Methodist Nursing Home of Fort Smith Inc is a registered charity in United States, based in Fort Smith, AR. It received its IRS tax-exemption ruling in August 1962, 64 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Methodist Nursing Home of Fort Smith Inc reported income of $17.1m and spending of $17.5m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $12.4m to $17.1m (+39%), an average of +6.7% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Methodist Nursing Home of Fort Smith Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within AR. Charities of a similar size with the same main cause include Chestnut Ridge Counsel Services Inc ($17.1m), Maryville Inc ($17.1m) and Waterfall Clinic Incorporated ($17.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $183k (1.0% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $20.0m against liabilities of $6.7m, net assets of $13.3m. It reported 426 employees.