Visiting Nurses of the Lower Valley Inc

Analysis

Visiting Nurses of the Lower Valley Inc is a registered charity in United States, based in Centerbrook, CT. It received its IRS tax-exemption ruling in July 1966, 60 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Visiting Nurses of the Lower Valley Inc reported income of $2.9m and spending of $2.7m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $2.9m (-17%), an average of -4.5% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Visiting Nurses of the Lower Valley Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within CT. Charities of a similar size with the same main cause include Akiva School ($2.9m), Wisconsin Primary Health Care Association Inc ($2.9m) and Step Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $170k (6.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.8m against liabilities of $536k, net assets of $1.3m. It reported 100 employees.