Philippine Nurses Association of America Foundation Inc

Analysis

Philippine Nurses Association of America Foundation Inc is a registered charity in United States, based in North Brunswick, NJ. It received its IRS tax-exemption ruling in May 2003, 23 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 December 2023, Philippine Nurses Association of America Foundation Inc reported income of $305k and spending of $237k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $89k to $305k (+242%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 141%. Over the whole period it spent 61% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Philippine Nurses Association of America Foundation Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include D-Fi Drug-Free Irondequoit Together Inc ($305k), Tepeyac Qalicb Inc ($305k) and United MSD Foundation ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $175, net assets of $1.4m.