Visiting Nurse Health System Inc

Analysis

Visiting Nurse Health System Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 1964, 62 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 December 2023, Visiting Nurse Health System Inc reported income of $44.3m and spending of $44.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $35.4m to $44.3m (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 95% 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 Health System Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Stephens County Hospital Authority ($44.3m), Childrens Hospital Radiology Foundation Inc ($44.4m) and Neighborhood Health ($44.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $935k (2.1% of expenses). Other salaries and wages came to $24.8m. At year end it held assets of $15.1m against liabilities of $5.3m, net assets of $9.9m. It reported 531 employees.