Vna-Chs of Hanover and Spring Grove Endowment Funds Inc

Analysis

Vna-Chs of Hanover and Spring Grove Endowment Funds Inc is a registered charity in United States, based in Hanover, PA. It received its IRS tax-exemption ruling in May 1998, 28 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Vna-Chs of Hanover and Spring Grove Endowment Funds Inc reported income of $199k and spending of $1.4m, spending 707% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $192k to $199k (+3.7%), an average of +0.9% a year. Over the whole period it spent 318% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vna-Chs of Hanover and Spring Grove Endowment Funds Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include Axemen Booster Club ($199k), Pioneer Manor of Geneva Inc ($199k) and Young Professionals Association of Louisville Inc ($199k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% of the total. At year end it held assets of $8.5m against liabilities of $643k, net assets of $7.8m.