Nursing Sisters Home Care Inc
Nursing Sisters Home Care Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 112126736 · Farmingdale, NY · NTEE: E92Z · Updated: 2026-03-28
Is Nursing Sisters Home Care Inc 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 Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nursing Sisters Home Care Inc
Nursing Sisters Home Care Inc (EIN: 112126736) is a nonprofit organization based in Farmingdale, NY, classified under NTEE code E92Z. The organization reported total revenue of $87.3M and total assets of $118.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nursing Sisters Home Care Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nursing Sisters Home Care Inc is a major nonprofit that has been operating for 80 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $104.3M |
| Total Expenses | $81.3M |
| Surplus / Deficit | +$23.0M |
| Total Assets | $104.1M |
| Total Liabilities | $15.9M |
| Net Assets | $88.2M |
| Operating Margin | 22.1% |
| Debt-to-Asset Ratio | 15.2% |
| Months of Reserves | 15.4 months |
Financial Health Grade: A
In 2023, Nursing Sisters Home Care Inc reported a surplus of $23.0M with revenue exceeding expenses, holds 15.4 months of operating reserves (strong position), has a debt-to-asset ratio of 15.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Nursing Sisters Home Care Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.2% | -1.2% | +12.5% |
| 2022 | +7.2% | +2.5% | +11.9% |
| 2021 | -6.5% | -2.2% | +7.2% |
| 2020 | +2.5% | +0.9% | +84.8% |
| 2019 | +4.3% | +6.6% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 1946 |
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 Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Nursing Sisters Home Care Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $23.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of this size and revenue, suggesting a volunteer leadership structure or alternative compensation reporting.
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 Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Nursing Sisters Home Care Inc:
- Consistent revenue growth, from $53.2 million in 2014 to $104.2 million in 2023.
- Strong asset accumulation, with assets growing from $13.8 million to $104 million over a decade.
- Healthy operating margins, consistently generating surpluses (e.g., $23 million surplus in 2023).
- Very low liabilities relative to assets, indicating strong financial solvency.
- No reported officer compensation, suggesting a high dedication of funds to the mission.
Frequently Asked Questions about Nursing Sisters Home Care Inc
Is Nursing Sisters Home Care Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nursing Sisters Home Care Inc (EIN: 112126736) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Nursing Sisters Home Care Inc spend its money?
Nursing Sisters Home Care Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nursing Sisters Home Care Inc tax-deductible?
Nursing Sisters Home Care Inc is registered as a tax-exempt nonprofit (EIN: 112126736). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Nursing Sisters Home Care Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests either a fully volunteer leadership structure or that executive compensation is reported under a different expense category, which would require further investigation of the detailed IRS Form 990 filings to understand fully.
What is the primary driver of Nursing Sisters Home Care Inc's significant asset growth?
The substantial asset growth, from $13.8 million in 2014 to over $104 million in 2023, is primarily driven by consistent annual surpluses (revenue exceeding expenses). For example, in 2023, revenue was $104.2 million against expenses of $81.2 million, contributing to this growth.
Is the organization financially stable given its liabilities?
Yes, the organization appears financially stable. While liabilities have fluctuated, they are consistently well-covered by assets. In 2023, assets were $104,078,970 against liabilities of $15,850,564, indicating a very strong financial position.
Filing History
IRS 990 filing history for Nursing Sisters Home Care Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nursing Sisters Home Care Inc's revenue has grown by 233.9%, moving from $31.2M to $104.3M. Total assets increased by 1631.9% over the same period, from $6.0M to $104.1M. Total functional expenses rose by 135.7%, from $34.5M to $81.3M. In its most recent filing year (2023), Nursing Sisters Home Care Inc reported a surplus of $23.0M, with revenue exceeding expenses. The organization holds $15.9M in liabilities against $104.1M in assets (debt-to-asset ratio: 15.2%), resulting in net assets of $88.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $104.3M | $81.3M | $104.1M | $15.9M | — | — |
| 2022 | $92.9M | $82.3M | $92.5M | $27.4M | — | View 990 |
| 2021 | $86.7M | $80.3M | $82.7M | $31.6M | — | View 990 |
| 2020 | $92.8M | $82.1M | $77.1M | $35.2M | — | View 990 |
| 2019 | $90.5M | $81.3M | $41.7M | $13.1M | — | View 990 |
| 2018 | $86.8M | $76.2M | $43.7M | $26.6M | — | View 990 |
| 2017 | $72.8M | $65.0M | $36.8M | $35.4M | — | View 990 |
| 2016 | $68.2M | $60.9M | $26.7M | $33.1M | — | View 990 |
| 2015 | $60.6M | $56.2M | $18.9M | $32.6M | — | View 990 |
| 2014 | $53.3M | $51.3M | $13.9M | $31.9M | — | View 990 |
| 2013 | $48.9M | $50.1M | $12.4M | $32.3M | — | View 990 |
| 2012 | $36.6M | $36.8M | $8.8M | $27.6M | — | View 990 |
| 2011 | $31.2M | $34.5M | $6.0M | $24.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $104.3M, expenses of $81.3M, and assets of $104.1M (revenue +12.2% year-over-year).
- 2022: Revenue of $92.9M, expenses of $82.3M, and assets of $92.5M (revenue +7.2% year-over-year).
- 2021: Revenue of $86.7M, expenses of $80.3M, and assets of $82.7M (revenue -6.5% year-over-year).
- 2020: Revenue of $92.8M, expenses of $82.1M, and assets of $77.1M (revenue +2.5% year-over-year).
- 2019: Revenue of $90.5M, expenses of $81.3M, and assets of $41.7M (revenue +4.3% year-over-year).
- 2018: Revenue of $86.8M, expenses of $76.2M, and assets of $43.7M (revenue +19.2% year-over-year).
- 2017: Revenue of $72.8M, expenses of $65.0M, and assets of $36.8M (revenue +6.8% year-over-year).
- 2016: Revenue of $68.2M, expenses of $60.9M, and assets of $26.7M (revenue +12.6% year-over-year).
- 2015: Revenue of $60.6M, expenses of $56.2M, and assets of $18.9M (revenue +13.7% year-over-year).
- 2014: Revenue of $53.3M, expenses of $51.3M, and assets of $13.9M (revenue +8.9% year-over-year).
- 2013: Revenue of $48.9M, expenses of $50.1M, and assets of $12.4M (revenue +33.7% year-over-year).
- 2012: Revenue of $36.6M, expenses of $36.8M, and assets of $8.8M (revenue +17.2% year-over-year).
- 2011: Revenue of $31.2M, expenses of $34.5M, and assets of $6.0M.
Data Sources and Methodology
This transparency report for Nursing Sisters Home Care Inc 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.