Helen Porter Nursing Home Inc

Analysis

Helen Porter Nursing Home Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in March 1989, 37 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Helen Porter Nursing Home Inc reported income of $13.0m and spending of $18.9m, spending 145% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.6m to $13.0m (+23%), an average of +5.3% a year. The sharpest change came in the year to September 2022, when income rose by 17%. Over the whole period it spent 128% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Helen Porter Nursing Home Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within VT. Charities of a similar size with the same main cause include Organized Community Action Program Inc ($13.0m), Hospital Sisters of St Francis Foundation Inc ($13.0m) and Henry Ford Health System Foundation ($13.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $227k (1.2% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $12.4m against liabilities of $24.8m, net assets of -$12.5m. It reported 158 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.