Rockingham Visiting Nurse Association and Hospice

Analysis

Rockingham Visiting Nurse Association and Hospice is a registered charity in United States, based in Charlestown, MA. It received its IRS tax-exemption ruling in October 1971, 55 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Rockingham Visiting Nurse Association and Hospice reported income of $14.9m and spending of $18.5m, spending 124% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $19.3m to $14.9m (-23%), an average of -6.2% a year. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rockingham Visiting Nurse Association and Hospice sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MA. Charities of a similar size with the same main cause include Alcoholics Anonymous World Services Inc ($14.9m), North Shore-Lij Internal Medicine at New Hyde Park PC ($14.9m) and Jha Geriatric Services Inc ($14.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $466k (2.5% of expenses). Other salaries and wages came to $10.6m. At year end it held assets of $3.6m against liabilities of $2.5m, net assets of $1.1m. It reported 186 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.