Franciscan VNS Home Care Inc

Analysis

Franciscan VNS Home Care Inc is a registered charity in United States, based in Beech Grove, IN. It received its IRS tax-exemption ruling in March 1937, 89 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Franciscan VNS Home Care Inc reported income of $12.9m and spending of $16.6m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $13.5m to $12.9m (-4.2%), an average of -1.1% a year. Over the whole period it spent 130% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Franciscan VNS Home Care Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Westside Family Health Center ($12.9m), Harold and Grace Upjohn Community Care Center ($13.0m) and Overlook Visiting Nurses Association Inc ($12.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. Other salaries and wages came to $10.9m. At year end it held assets of $10.4m against liabilities of $15.5m, net assets of -$5.1m. It reported 173 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.