Care Nest Home Limited

Analysis

Care Nest Home Limited is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in November 2019, 7 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 (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 2022, Care Nest Home Limited reported income of $598k and spending of $598k, spending 100% of its income. Across the 2 years on record, from December 2020 to December 2022, income grew from $204k to $598k (+193%), an average of +193% a year. The sharpest change came in the year to December 2022, when income rose by 193%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Care Nest Home Limited sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within PA. Charities of a similar size with the same main cause include West Michigan Asian American Association Inc ($598k), Montanas Peer Network ($598k) and Day Kimball Healthcare Foundation Inc ($597k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $469k. At year end it held assets of $0 against liabilities of $0, net assets of $0.