Sweet Memorial Nursing Home

Analysis

Sweet Memorial Nursing Home is a registered charity in United States, based in Chinook, MT. It received its IRS tax-exemption ruling in December 1966, 60 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, Sweet Memorial Nursing Home reported income of $3.8m and spending of $4.0m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.3m to $3.8m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2020, when income rose by 27%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sweet Memorial Nursing Home sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within MT. Charities of a similar size with the same main cause include Mercy Transitional Care Services ($3.8m), Onslow Radiation Oncology LLC ($3.8m) and Friends for Life ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $3.5m against liabilities of $254k, net assets of $3.2m. It reported 81 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.