Vna Health Care

Analysis

Vna Health Care is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in February 1935, 91 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 June 2023, Vna Health Care reported income of $58.8m and spending of $54.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $38.7m to $58.8m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vna Health Care sits at the 99th 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 IL. Charities of a similar size with the same main cause include University of Maryland Physicians Pa ($58.6m), Kipp St Louis ($58.9m) and Medlink Georgia Inc ($58.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $1.1m (2.1% of expenses). Other salaries and wages came to $30.2m. At year end it held assets of $55.6m against liabilities of $25.9m, net assets of $29.7m. It reported 660 employees.