Visiting Nurse Association of Franklin

Analysis

Visiting Nurse Association of Franklin is a registered charity in United States, based in Franklin, NH. It received its IRS tax-exemption ruling in September 1973, 53 years ago. 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 December 2023, Visiting Nurse Association of Franklin reported income of $2.8m and spending of $3.1m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $2.8m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Visiting Nurse Association of Franklin sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within NH. Charities of a similar size with the same main cause include Wesley Community Development Corporation ($2.8m), Dads Club Aquatic Center Inc ($2.8m) and Brothers of the Sacred Heart Foundation Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $207k (6.7% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $3.6m against liabilities of $288k, net assets of $3.3m. It reported 51 employees.