Visiting Nurse Association of Central Jersey Comm Health Ctr Inc

Analysis

Visiting Nurse Association of Central Jersey Comm Health Ctr Inc is a registered charity in United States, based in Neptune, NJ. It received its IRS tax-exemption ruling in November 1994, 32 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Visiting Nurse Association of Central Jersey Comm Health Ctr Inc reported income of $15.8m and spending of $16.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.8m to $15.8m (+81%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 47%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Visiting Nurse Association of Central Jersey Comm Health Ctr Inc 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 96th percentile, and in the 97th percentile within NJ. Charities of a similar size with the same main cause include Northern California Inalliance ($15.8m), Breakthrough Urban Ministries Inc ($15.8m) and Senior Friendship Centers Inc ($15.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $464k (2.9% of expenses). Other salaries and wages came to $8.7m. At year end it held assets of $12.0m against liabilities of $6.8m, net assets of $5.2m. It reported 169 employees.