Hopehealth Community Visiting Nurse Agency Inc

Analysis

Hopehealth Community Visiting Nurse Agency Inc is a registered charity in United States, based in Attleboro, MA. It received its IRS tax-exemption ruling in April 1971, 55 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, Hopehealth Community Visiting Nurse Agency Inc reported income of $6.4m and spending of $9.6m, spending 150% of what it took in. Across the 5 years on record, from December 2019 to September 2023, income fell from $11.1m to $6.4m (-42%), an average of -13% a year. The sharpest change came in the year to September 2022, when income dropped by 26%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hopehealth Community Visiting Nurse Agency Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Center for Continuous Improvement ($6.4m), Friends of the Global Fight Against AIDS Tuberculosis and Malaria ($6.4m) and HPS Helping People Succeed Inc ($6.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $100k (1.0% of expenses). Other salaries and wages came to $5.4m. At year end it held assets of $9.5m against liabilities of $2.6m, net assets of $7.0m. It reported 101 employees.