Medstar Health Visiting Nurse Association Inc

Analysis

Medstar Health Visiting Nurse Association Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in March 1955, 71 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, Medstar Health Visiting Nurse Association Inc reported income of $61.3m and spending of $64.8m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $57.2m to $61.3m (+7.1%), an average of +1.7% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Medstar Health Visiting Nurse Association Inc 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 MD. Charities of a similar size with the same main cause include Regional East Texas Food Bank ($61.1m), Trillium Health Inc ($61.4m) and Arizona Behavioral Health Corporation ($61.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $29.0m. At year end it held assets of $13.6m against liabilities of $8.3m, net assets of $5.3m. It reported 408 employees.