Visiting Nurse Assn of Hanover & Spring Grove

Analysis

Visiting Nurse Assn of Hanover & Spring Grove is a registered charity in United States, based in Hanover, PA. It received its IRS tax-exemption ruling in October 1986, 40 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, Visiting Nurse Assn of Hanover & Spring Grove reported income of $6.2m and spending of $7.2m, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.0m to $6.2m (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Visiting Nurse Assn of Hanover & Spring Grove sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within PA. Charities of a similar size with the same main cause include New Haven Legal Assistance Association Inc ($6.2m), New Haven Youth and Family Services Inc ($6.2m) and Liberty Community Services Inc ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $168k (2.3% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $11.9m against liabilities of $344k, net assets of $11.6m. It reported 84 employees.