Visiting Nurse Services of Iowa

Analysis

Visiting Nurse Services of Iowa is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in December 1942, 84 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Visiting Nurse Services of Iowa reported income of $31.4m and spending of $36.2m, spending 115% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $28.7m to $31.4m (+9.2%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Visiting Nurse Services of Iowa sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IA. Charities of a similar size with the same main cause include East Mountain Health Physicians Inc ($31.4m), Wills Eye Ophthalmology Clinic Inc ($31.4m) and Ocean Mental Health Services Inc ($31.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $1.4m (3.8% of expenses). Other salaries and wages came to $18.6m. At year end it held assets of $33.2m against liabilities of $9.1m, net assets of $24.1m. It reported 497 employees.