Visitation House Inc
Analysis
Visitation House Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending August 2023, Visitation House Inc reported income of $429k and spending of $447k, spending 104% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $501k to $429k (-14%), an average of -3.8% a year. The sharpest change came in the year to August 2021, when income rose by 48%. Over the whole period it spent 88% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Visitation House Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Silicon Valley Bicycle Exchange ($429k), Tri-County Family Justice Center Ofnortheast New Mexico Inc ($429k) and Portsmouth Volunteers for the Homeless Inc ($429k).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $34k (7.5% of expenses). Other salaries and wages came to $205k. At year end it held assets of $1.4m against liabilities of $499k, net assets of $855k. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Silicon Valley Bicycle Exchange | Palo Alto | $429k |
| Tri-County Family Justice Center Ofnortheast New Mexico Inc | Las Vegas | $429k |
| Portsmouth Volunteers for the Homeless Inc | Portsmouth | $429k |
| Adams County Council for Aging Inc | Decatur | $429k |