Visiting Nurse Service of New York Hospice

Analysis

Visiting Nurse Service of New York Hospice is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Visiting Nurse Service of New York Hospice reported income of $94.0m and spending of $109.7m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $90.3m to $94.0m (+4.2%), an average of +1.0% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Visiting Nurse Service of New York Hospice sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Hospice of Palm Beach County Inc ($93.7m), Helping Hand for Relief & Development Inc ($94.0m) and Ablelight Inc ($93.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $375k (0.3% of expenses). Other salaries and wages came to $39.0m. At year end it held assets of $28.3m against liabilities of $7.1m, net assets of $21.2m. It reported 469 employees.