Skilled Nursing Development Institute Inc

Analysis

Skilled Nursing Development Institute Inc is a registered charity in United States, based in Howell, NJ. It received its IRS tax-exemption ruling in July 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Skilled Nursing Development Institute Inc reported income of $504k and spending of $609k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $274k to $504k (+84%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Skilled Nursing Development Institute Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include Collegiate Empowerment Company Inc ($504k), West Lafayette Schools Eductionfoundation Inc ($504k) and American Friends of Sulamot Corp ($504k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $66k against liabilities of $31k, net assets of $35k.