Public Charity

GRACE NURSING CENTER INC

GRACE NURSING CENTER INC is a Public Charity headquartered in MORGANTON, NC. Financial data from the 2025 filing: $753K revenue, $42K expenses, $4.4M total assets. 1 publicly reported grants to this organization, totaling roughly $7K, appear in IRS filings.

EIN: 561838369 MORGANTON, NC Nursing Facilities NTEE: E91 Latest filing: 2025
Total Revenue$753K
Total Expenses$42K
Total Assets$4.4M
Grant Records1
Funding Total$7K
Filing Years2020–2025

Mission

GRACE NURSING CENTER IS COMMITTED TO IMPROVING THE HEALTH OF OUR COMMUNITIES BY PROVIDING EXCELLENT AND COMPASSIONATE CARE.

Where $100 goes at Grace Nursing Center Inc

How Grace Nursing Center Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$93 Programs the work itself
$7 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $93 for programs

$93
Grace Nursing Center ("gnc") provides nursing home and health care services for the elderly and aging residents of the community
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Amy Jackson-Kincaid
BOARD MEMBER Andrew Brant Md
TREASURER David Bennett
BOARD MEMBER Gandhari Loomis Do
PRESIDENT & CEO Gary Paxson As Of 92024
VICE CHAIRMAN Jim Rostan

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$7,333 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $753K $42K $4.4M
2024 $739K $73K $3.7M
2023 $766K $69K $3.0M
2022 $383K $33K $2.3M
2020 $774K $201K $1.3M

Between 2020 and 2025, reported annual revenue declined from $774K to $753K (-3%), with total assets most recently reported at $4.4M.

Interactive year-over-year charts and full filing details available with membership.

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