Moorestown Visiting Nurse Association Inc

Analysis

Moorestown Visiting Nurse Association Inc is a registered charity in United States, based in Moorestown, NJ. It received its IRS tax-exemption ruling in October 1943, 83 years ago. 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, Moorestown Visiting Nurse Association Inc reported income of $8.1m and spending of $11.5m, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $21.2m to $8.1m (-62%), an average of -21% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Moorestown Visiting Nurse Association Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Tuba City High School Board Inc ($8.1m), Harrisburg Academy ($8.1m) and Margaret Gifford School Inc ($8.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Other salaries and wages came to $5.5m. At year end it held assets of $28.2m against liabilities of $779k, net assets of $27.4m. It reported 113 employees.