Care Central Vna & Hospice Inc
Analysis
Care Central Vna & Hospice Inc is a registered charity in United States, based in Gardner, MA. It received its IRS tax-exemption ruling in May 2001, 25 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, Care Central Vna & Hospice Inc reported income of $19.1m and spending of $19.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.2m to $19.1m (+26%), an average of +5.9% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 100% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Care Central Vna & Hospice Inc 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 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Ninnescah Valley Health Systems Inc ($19.1m), Community Health Center of Central Wyoming Inc ($19.1m) and Visiting Nurse Association of Boston Inc ($19.1m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $518k (2.7% of expenses). Other salaries and wages came to $12.6m. At year end it held assets of $23.7m against liabilities of $1.8m, net assets of $21.9m. It reported 215 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.5%
- Program services 92%
- Other 4.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ninnescah Valley Health Systems Inc | Kingman | $19.1m |
| Community Health Center of Central Wyoming Inc | Casper | $19.1m |
| Visiting Nurse Association of Boston Inc | Worcester | $19.1m |
| High Plains Mental Health Center Endowment Association Inc | Hays | $19.2m |