Nurses MC

Analysis

Nurses MC is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in January 2022, 4 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 June 2023, Nurses MC reported income of $727k and spending of $731k, spending 100% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $485k to $727k (+50%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nurses MC sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within RI. Charities of a similar size with the same main cause include Living Word Christian Academy and Daycare Inc ($727k), Army Scholarship Foundation Inc ($728k) and Cement Masons Apprenticeship and Training Fund ($727k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.1% and program service revenue 92% of the total. At year end it held assets of $933k against liabilities of $354k, net assets of $579k. It reported 4 employees.