Nursing & Therapy Services of Co Inc

Analysis

Nursing & Therapy Services of Co Inc is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in August 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, Nursing & Therapy Services of Co Inc reported income of $20.4m and spending of $17.8m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.4m to $20.4m (+5.6%), an average of +1.4% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nursing & Therapy Services of Co Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within CO. Charities of a similar size with the same main cause include North Shore-Lij Radiology Services P C ($20.4m), Western Wayne Family Health Centers ($20.4m) and Kahala Nui Senior Living Inc ($20.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $547k (3.1% of expenses). Other salaries and wages came to $13.1m. At year end it held assets of $14.2m against liabilities of $3.3m, net assets of $10.9m. It reported 329 employees.