Medford Visiting Nursing Association

Analysis

Medford Visiting Nursing Association is a registered charity in United States, based in Arlington, MA. It received its IRS tax-exemption ruling in December 1947, 79 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 December 2023, Medford Visiting Nursing Association reported income of $5.7m and spending of $6.3m, spending 110% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $7.0m to $5.7m (-18%), an average of -4.0% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medford Visiting Nursing Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Churchill Council on Alcohol and Other Drugs ($5.7m), Western Tidewater Free Clinic Inc ($5.7m) and Center for Aging and Rehabilitation of Davenport Inc ($5.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $384k (6.1% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $6.6m against liabilities of $599k, net assets of $6.0m. It reported 150 employees.