Foundation of the Visiting Nurse Association of Northern New Jersey

Analysis

Foundation of the Visiting Nurse Association of Northern New Jersey is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Foundation of the Visiting Nurse Association of Northern New Jersey reported income of $177k and spending of $71k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $524k to $177k (-66%), an average of -24% a year. The sharpest change came in the year to December 2021, when income rose by 259%. Over the whole period it spent 24% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Foundation of the Visiting Nurse Association of Northern New Jersey sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include United Through Hope ($177k), Latino Youth Collective of Indiana ($177k) and Collision Industry Foundation Inc ($177k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $4.9m against liabilities of $2,493, net assets of $4.9m.