Visiting Nurse Association Inc Old Lyme

Analysis

Visiting Nurse Association Inc Old Lyme is a registered charity in United States, based in Old Lyme, CT. It received its IRS tax-exemption ruling in May 1968, 58 years ago. 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 2024, Visiting Nurse Association Inc Old Lyme reported income of $112k and spending of $93k, spending 83% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $149k to $112k (-25%), an average of -25% a year. The sharpest change came in the year to June 2024, when income dropped by 25%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Visiting Nurse Association Inc Old Lyme sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within CT. Charities of a similar size with the same main cause include Fridley Alano Society of the Northeast Suburbs Inc ($112k), Flordia a & M University National Almumi Association Inc ($112k) and Dublin Gaels Booster Club ($112k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $26k (27% of expenses). At year end it held assets of $543k against liabilities of $0, net assets of $543k. It reported 1 employees.