Visiting Nurse Service of New York

Analysis

Visiting Nurse Service of New York is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) 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 reported income of $46.9m and spending of $34.8m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $42.3m to $46.9m (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2020, when income rose by 132%. Over the whole period it spent 45% 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 sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Louisiana Organ Procurement Agency ($46.9m), Driscoll Healthcare Services ($46.9m) and United Hospital District Inc ($46.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $4.0m (11% of expenses). Other salaries and wages came to $113.4m. It paid $528k in professional fundraising fees. At year end it held assets of $899.4m against liabilities of $498.3m, net assets of $401.1m. It reported 1,115 employees.