Visiting Nurse Service of New York Home Care II

Analysis

Visiting Nurse Service of New York Home Care II is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1944, 82 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Visiting Nurse Service of New York Home Care II reported income of $263.0m and spending of $296.5m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $241.9m to $263.0m (+8.7%), an average of +2.1% a year. Over the whole period it spent 126% 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 Service of New York Home Care II 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 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Adventist Midwest Health ($262.8m), Leesburg Regional Medical Center Inc ($263.1m) and Dena Nena Henash ($262.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $727k (0.2% of expenses). Other salaries and wages came to $135.1m. At year end it held assets of $84.5m against liabilities of $768.6m, net assets of -$684.1m. It reported 2,069 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.