Nascentia Health at Home

Analysis

Nascentia Health at Home is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in December 1942, 84 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, Nascentia Health at Home reported income of $204.0m and spending of $204.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $546.3m to $204.0m (-63%), an average of -22% a year. The sharpest change came in the year to December 2021, when income dropped by 53%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nascentia Health at Home 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 99th percentile within NY. Charities of a similar size with the same main cause include Upmc ($203.9m), Stony Brook Internists P C ($204.3m) and Chinese-American Planning Council Home Attendant Program Inc ($203.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Other salaries and wages came to $26.0m. At year end it held assets of $89.7m against liabilities of $50.5m, net assets of $39.2m. It reported 376 employees.