Walpole Area Visiting Nurse Association Inc

Analysis

Walpole Area Visiting Nurse Association Inc is a registered charity in United States, based in Walpole, MA. It received its IRS tax-exemption ruling in May 1966, 60 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, Walpole Area Visiting Nurse Association Inc reported income of $8.6m and spending of $8.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.0m to $8.6m (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Walpole Area Visiting Nurse Association Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Anchor Health Initiative Corporation ($8.6m), Kansas Foundation for Medical Care Inc ($8.6m) and Memorial Medical Center-San Augustine ($8.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $164k (1.9% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $9.6m against liabilities of $746k, net assets of $8.9m. It reported 123 employees.