Nursing Sisters Home Care
Nursing Sisters Home Care shows highly fluctuating revenues and frequent operational deficits, with no reported officer compensation.
EIN: 113403968 · Rockville Ctr, NY · Updated: 2026-03-28
Is Nursing Sisters Home Care Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nursing Sisters Home Care directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nursing Sisters Home Care
Nursing Sisters Home Care (EIN: 113403968) is a nonprofit organization based in Rockville Ctr, NY. The organization reported total revenue of $404.4M and total assets of $436.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nursing Sisters Home Care's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nursing Sisters Home Care is a major nonprofit, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $121.5M |
| Total Expenses | $39.4M |
| Surplus / Deficit | +$82.2M |
| Total Assets | $372.1M |
| Total Liabilities | $331.5M |
| Net Assets | $40.5M |
| Operating Margin | 67.6% |
| Debt-to-Asset Ratio | 89.1% |
| Months of Reserves | 113.4 months |
Financial Health Grade: A
In 2023, Nursing Sisters Home Care reported a surplus of $82.2M with revenue exceeding expenses, holds 113.4 months of operating reserves (strong position), has a debt-to-asset ratio of 89.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nursing Sisters Home Care's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +174.8% | -10.9% | -2.4% |
| 2022 | +45.3% | +22.3% | -34.3% |
| 2021 | -79.7% | -55.4% | +3.4% |
| 2020 | +53.9% | -27.0% | +507.3% |
| 2019 | +90.4% | +5.7% | -20.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nursing Sisters Home Care with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Nursing Sisters Home Care allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $82.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 89.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation directly from the organization, which is a strong positive for minimizing administrative costs and maximizing resources for its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Nursing Sisters Home Care's IRS 990 filings:
- Highly volatile revenue and expense patterns over the past decade.
- Frequent periods where expenses exceeded revenue, indicating operational deficits.
- Liabilities often exceeding assets, suggesting potential solvency concerns in certain periods.
Strengths
The following positive indicators were identified for Nursing Sisters Home Care:
- Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive overhead.
- Significant asset base ($436,821,371 latest) providing substantial resources.
- Demonstrated ability to generate very large revenues in certain periods, such as the latest $404,361,742.
Frequently Asked Questions about Nursing Sisters Home Care
Is Nursing Sisters Home Care a legitimate charity?
Based on AI analysis of IRS 990 filings, Nursing Sisters Home Care (EIN: 113403968) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Nursing Sisters Home Care spend its money?
Nursing Sisters Home Care directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nursing Sisters Home Care tax-deductible?
Nursing Sisters Home Care is registered as a tax-exempt nonprofit (EIN: 113403968). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Nursing Sisters Home Care financially stable given its fluctuating revenues and liabilities often exceeding assets?
The organization's financial stability is questionable given the significant year-over-year revenue fluctuations and periods where liabilities have exceeded assets, such as in 202212 ($456M liabilities vs $381M assets). While the latest revenue is high, the historical pattern suggests potential challenges in consistent financial management.
What is the reason for 0% officer compensation across all filings?
The consistent reporting of 0% officer compensation suggests that either officers are uncompensated, compensated by a related entity not reported here, or the organization's structure does not involve direct compensation to officers in the traditional sense. This is a positive for resource allocation if officers are truly uncompensated.
How does Nursing Sisters Home Care manage its significant liabilities?
The organization has frequently reported liabilities exceeding assets, for instance, in 202112 ($632M liabilities vs $580M assets). This indicates a reliance on external funding or complex financial structures to manage its obligations, which warrants further investigation into its balance sheet details.
Filing History
IRS 990 filing history for Nursing Sisters Home Care showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nursing Sisters Home Care's revenue has grown by 479.3%, moving from $21.0M to $121.5M. Total assets increased by 170.3% over the same period, from $137.7M to $372.1M. Total functional expenses rose by 79.7%, from $21.9M to $39.4M. In its most recent filing year (2023), Nursing Sisters Home Care reported a surplus of $82.2M, with revenue exceeding expenses. The organization holds $331.5M in liabilities against $372.1M in assets (debt-to-asset ratio: 89.1%), resulting in net assets of $40.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $121.5M | $39.4M | $372.1M | $331.5M | — | — |
| 2022 | $44.2M | $44.2M | $381.4M | $456.5M | — | View 990 |
| 2021 | $30.5M | $36.1M | $580.3M | $632.6M | — | View 990 |
| 2020 | $150.2M | $81.0M | $561.3M | $613.5M | — | View 990 |
| 2019 | $97.6M | $111.1M | $92.4M | $212.0M | — | View 990 |
| 2018 | $51.3M | $105.0M | $115.9M | $220.3M | — | View 990 |
| 2017 | $41.8M | $70.8M | $182.4M | $227.0M | — | View 990 |
| 2016 | $65.1M | $63.4M | $214.3M | $233.0M | — | View 990 |
| 2015 | $36.2M | $52.1M | $215.0M | $236.7M | — | View 990 |
| 2014 | $52.2M | $60.9M | $234.0M | $238.6M | — | View 990 |
| 2013 | $35.2M | $31.4M | $151.3M | $147.1M | — | View 990 |
| 2012 | $22.4M | $21.7M | $147.2M | $146.7M | — | View 990 |
| 2011 | $21.0M | $21.9M | $137.7M | $138.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $121.5M, expenses of $39.4M, and assets of $372.1M (revenue +174.8% year-over-year).
- 2022: Revenue of $44.2M, expenses of $44.2M, and assets of $381.4M (revenue +45.3% year-over-year).
- 2021: Revenue of $30.5M, expenses of $36.1M, and assets of $580.3M (revenue -79.7% year-over-year).
- 2020: Revenue of $150.2M, expenses of $81.0M, and assets of $561.3M (revenue +53.9% year-over-year).
- 2019: Revenue of $97.6M, expenses of $111.1M, and assets of $92.4M (revenue +90.4% year-over-year).
- 2018: Revenue of $51.3M, expenses of $105.0M, and assets of $115.9M (revenue +22.6% year-over-year).
- 2017: Revenue of $41.8M, expenses of $70.8M, and assets of $182.4M (revenue -35.8% year-over-year).
- 2016: Revenue of $65.1M, expenses of $63.4M, and assets of $214.3M (revenue +79.8% year-over-year).
- 2015: Revenue of $36.2M, expenses of $52.1M, and assets of $215.0M (revenue -30.5% year-over-year).
- 2014: Revenue of $52.2M, expenses of $60.9M, and assets of $234.0M (revenue +48.3% year-over-year).
- 2013: Revenue of $35.2M, expenses of $31.4M, and assets of $151.3M (revenue +56.7% year-over-year).
- 2012: Revenue of $22.4M, expenses of $21.7M, and assets of $147.2M (revenue +6.9% year-over-year).
- 2011: Revenue of $21.0M, expenses of $21.9M, and assets of $137.7M.
Data Sources and Methodology
This transparency report for Nursing Sisters Home Care is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.