VNS Choice

Analysis

VNS Choice is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1998, 28 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, VNS Choice reported income of $2.34bn and spending of $2.24bn, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.86bn to $2.34bn (+25%), an average of +5.8% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, VNS Choice sits at the 100th percentile: it is one of the largest 1% in its cause. 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 Seattle Childrens Hospital ($2.33bn), Grady Memorial Hospital Corporation ($2.36bn) and Fred Hutchinson Cancer Center ($2.32bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $753k (0.0% of expenses). Other salaries and wages came to $19.1m. At year end it held assets of $735.9m against liabilities of $351.6m, net assets of $384.4m. It reported 251 employees.