Visiting Nurse Association of Saginaw

Analysis

Visiting Nurse Association of Saginaw is a registered charity in United States, based in Saginaw, MI. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Visiting Nurse Association of Saginaw reported income of $17.3m and spending of $18.3m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.0m to $17.3m (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 104% 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 Association of Saginaw sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include East Longmeadow Management Systems Inc ($17.3m), Sayre Christian Village Nursing Home Inc ($17.3m) and TBHC Physician Services ($17.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $151k (0.8% of expenses). Other salaries and wages came to $9.9m. At year end it held assets of $5.7m against liabilities of $3.1m, net assets of $2.5m. It reported 208 employees.