Visiting Nurse & Hospice of Litchfield County Inc

Analysis

Visiting Nurse & Hospice of Litchfield County Inc is a registered charity in United States, based in Winsted, CT. It received its IRS tax-exemption ruling in July 1946, 80 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 June 2024, Visiting Nurse & Hospice of Litchfield County Inc reported income of $17.5m and spending of $14.4m, spending 82% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $8.2m to $17.5m (+113%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Visiting Nurse & Hospice of Litchfield County Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within CT. Charities of a similar size with the same main cause include Young Mens Christian Association Joliet ($17.5m), Caritas of Austin ($17.5m) and Arc of Atlantic County Inc ($17.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $271k (1.9% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $47.2m against liabilities of $5.6m, net assets of $41.6m. It reported 175 employees.