Visiting Nurse & Hospice of Fairfield County Inc

Analysis

Visiting Nurse & Hospice of Fairfield County Inc is a registered charity in United States, based in Wilton, CT. It received its IRS tax-exemption ruling in September 1982, 44 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 September 2023, Visiting Nurse & Hospice of Fairfield County Inc reported income of $13.6m and spending of $16.2m, spending 119% of what it took in. Across the 5 years on record, from June 2020 to September 2023, income grew from $10.5m to $13.6m (+30%), an average of +6.9% a year. The sharpest change came in the year to September 2022, when income rose by 502%. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Visiting Nurse & Hospice of Fairfield County Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within CT. Charities of a similar size with the same main cause include Community Health and Wellness Center of Greater Torrington Inc ($13.6m), Downriver Community Services Inc ($13.6m) and Wasatch Homeless Health Care Inc ($13.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $252k (1.6% of expenses). Other salaries and wages came to $11.0m. At year end it held assets of $17.6m against liabilities of $7.0m, net assets of $10.6m. It reported 156 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.