Virtua Home Care-Community Nursing Services Inc

Analysis

Virtua Home Care-Community Nursing Services Inc is a registered charity in United States, based in Marlton, NJ. It received its IRS tax-exemption ruling in July 1957, 69 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, Virtua Home Care-Community Nursing Services Inc reported income of $3.2m and spending of $3.8m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $3.2m (+95%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 115%. Over the whole period it spent 118% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Virtua Home Care-Community Nursing Services Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Healthview CBWCHC Inc ($3.1m), Leesburg Regional Medical Center Foundation Inc ($3.2m) and Southern Area Behavioral Healthcare Services ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $13.1m against liabilities of $1.5m, net assets of $11.6m. It reported 25 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.