NLN Foundation for Nursing Education

Analysis

NLN Foundation for Nursing Education is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, NLN Foundation for Nursing Education reported income of $409k and spending of $369k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $275k to $409k (+49%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, NLN Foundation for Nursing Education sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 40th percentile within DC. Charities of a similar size with the same main cause include Camp Amnicon Foundation ($409k), LA County Library Foundation ($409k) and Halo School ($409k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $79k. At year end it held assets of $1.1m against liabilities of $61k, net assets of $1.0m. It reported 2 employees.