Vna Care Network Inc

Analysis

Vna Care Network Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in March 1921, 105 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, Vna Care Network Inc reported income of $50.8m and spending of $54.8m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $48.9m to $50.8m (+3.9%), an average of +0.9% a year. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vna Care Network Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MA. Charities of a similar size with the same main cause include Emerson Practice Associates Inc ($50.8m), Wayne Memorial Community Health Centers ($50.8m) and Medical Center of Deltona Inc ($50.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.1% and program service revenue 94% of the total. Other salaries and wages came to $26.9m. At year end it held assets of $9.0m against liabilities of $41.4m, net assets of -$32.3m. It reported 379 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.