Home Health Vna Inc

Analysis

Home Health Vna Inc is a registered charity in United States, based in Lowell, MA. It received its IRS tax-exemption ruling in March 1975, 51 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 September 2023, Home Health Vna Inc reported income of $2.6m and spending of $2.3m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $24.5m to $2.6m (-89%), an average of -43% a year. The sharpest change came in the year to September 2023, when income rose by 110%. Over the whole period it spent 123% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Home Health Vna Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include International Consortium for Health Outcomes Measurement Inc ($2.6m), Academy of Integrative Health & Medicine ($2.6m) and Home Centered Care Institute ($2.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. Other salaries and wages came to $1.4m. At year end it held assets of $2.0m against liabilities of $16.1m, net assets of -$14.0m.