Visiting Nurse Associ of Northern NJ Affiliated Health Services Inc

Analysis

Visiting Nurse Associ of Northern NJ Affiliated Health Services Inc is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in July 1992, 34 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Visiting Nurse Associ of Northern NJ Affiliated Health Services Inc reported income of $2.8m and spending of $3.2m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.3m to $2.8m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Visiting Nurse Associ of Northern NJ Affiliated Health Services Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within NJ. Charities of a similar size with the same main cause include Skagit Valley Neighbors in Need ($2.8m), San Jose Community Media Access Corp ($2.8m) and Jewish Educational Loan Fund Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.2% and program service revenue 77% of the total. Other salaries and wages came to $714k. At year end it held assets of $797k against liabilities of $12.2m, net assets of -$11.4m.

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.