Cave City Nursing Home Inc

Analysis

Cave City Nursing Home Inc is a registered charity in United States, based in Cave City, AR. It received its IRS tax-exemption ruling in July 1988, 38 years ago. 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, Cave City Nursing Home Inc reported income of $8.6m and spending of $8.2m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.7m to $8.6m (+29%), an average of +6.5% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cave City Nursing Home Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within AR. Charities of a similar size with the same main cause include Jackie Robinson Foundation Inc ($8.6m), Valerie Fund ($8.6m) and Kansas City Streetcar Authority ($8.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $214k (2.6% of expenses). Other salaries and wages came to $4.2m. At year end it held assets of $3.9m against liabilities of $931k, net assets of $3.0m. It reported 219 employees.