Visiting Nurse Association and Hospice of Western New England Inc

Analysis

Visiting Nurse Association and Hospice of Western New England Inc is a registered charity in United States, based in W Springfield, MA. It received its IRS tax-exemption ruling in June 1954, 72 years ago. 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 September 2023, Visiting Nurse Association and Hospice of Western New England Inc reported income of $27.2m and spending of $30.2m, spending 111% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $29.0m to $27.2m (-6.1%), an average of -1.6% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Visiting Nurse Association and Hospice of Western New England Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MA. Charities of a similar size with the same main cause include Habitat for Humanity of Greater Nashville ($27.2m), Western North Carolina Community Health Services Inc ($27.3m) and Sunrise Childrens Services Inc ($27.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $345k (1.1% of expenses). Other salaries and wages came to $18.4m. At year end it held assets of $9.1m against liabilities of $15.4m, net assets of -$6.3m. It reported 321 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.