Griggs County Nursing Home

Analysis

Griggs County Nursing Home is a registered charity in United States, based in Cooperstown, ND. It received its IRS tax-exemption ruling in July 2012, 14 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 June 2023, Griggs County Nursing Home reported income of $6.0m and spending of $4.5m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.8m to $6.0m (+56%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Griggs County Nursing Home sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within ND. Charities of a similar size with the same main cause include Healthnet of Rock County Inc ($6.0m), Iowa Jewish Senior Life Center ($6.0m) and Eye & Ear Foundation Inc ($6.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $271k (6.0% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $12.3m against liabilities of $9.2m, net assets of $3.2m. It reported 83 employees.