Stratford Visiting Nurse Association Incorporated

Analysis

Stratford Visiting Nurse Association Incorporated is a registered charity in United States, based in Stratford, CT. It received its IRS tax-exemption ruling in January 1953, 73 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Stratford Visiting Nurse Association Incorporated reported income of $9.3m and spending of $9.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $9.3m (+29%), an average of +6.6% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Stratford Visiting Nurse Association Incorporated 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 95th percentile, and in the 94th percentile within CT. Charities of a similar size with the same main cause include Saras Garden-The Sara Joy Rychener- Burkholder Hyperbaric Center ($9.3m), Community Care Center for Forsyth County ($9.3m) and Reproductive Health Services of Planned Parenthood Great Rivers ($9.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $559k (6.1% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $5.5m against liabilities of $1.9m, net assets of $3.6m. It reported 107 employees.