Concordia Visiting Nurses

Analysis

Concordia Visiting Nurses is a registered charity in United States, based in Cabot, PA. It received its IRS tax-exemption ruling in December 2006, 20 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 June 2023, Concordia Visiting Nurses reported income of $50.8m and spending of $40.8m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $37.2m to $50.8m (+36%), an average of +8.1% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Concordia Visiting Nurses sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Wayne Memorial Community Health Centers ($50.8m), St Marys Sacred Heart Hospital Inc ($50.8m) and Vna Care Network Inc ($50.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $528k (1.3% of expenses). Other salaries and wages came to $25.6m. At year end it held assets of $17.5m against liabilities of $5.8m, net assets of $11.7m. It reported 621 employees.