Health Management Services Inc Fna Visiting Nurse Health MGMT Service

Analysis

Health Management Services Inc Fna Visiting Nurse Health MGMT Service is a registered charity in United States, based in Lynn, MA. It received its IRS tax-exemption ruling in March 1987, 39 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, Health Management Services Inc Fna Visiting Nurse Health MGMT Service reported income of $3.2m and spending of $3.2m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.2m to $3.2m (-0.5%), an average of -0.1% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Health Management Services Inc Fna Visiting Nurse Health MGMT Service sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include East Flatbush Religious School for Girls Inc ($3.2m), Christus Continuing Care ($3.2m) and Uwchlan Ambulance Corps Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.1m (35% of expenses). Other salaries and wages came to $378k. At year end it held assets of $1.6m against liabilities of $1.8m, net assets of -$290k. It reported 8 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.