Visiting Nurse Association of Florida Inc

Analysis

Visiting Nurse Association of Florida Inc is a registered charity in United States, based in Stuart, FL. It received its IRS tax-exemption ruling in December 1979, 47 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 September 2023, Visiting Nurse Association of Florida Inc reported income of $36.2m and spending of $36.2m, spending 100% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $23.7m to $36.2m (+53%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Visiting Nurse Association of Florida Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include Riverbend Community Mental Health Inc ($36.2m), Galloway School Inc ($36.2m) and The Community Action Organization of Western New York Inc ($36.0m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 76% of the total. Compensation of current officers, directors and key employees was $10.7m (29% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $18.9m against liabilities of $12.4m, net assets of $6.6m. It reported 695 employees.