Visiting Nurse Association of the Treasure Coast Inc
Analysis
Visiting Nurse Association of the Treasure Coast Inc is a registered charity in United States, based in Vero Beach, FL. It received its IRS tax-exemption ruling in August 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation 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 the Treasure Coast Inc reported income of $20.5m and spending of $15.7m, leaving 23% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.2m to $20.5m (+83%), an average of +16% a year. The sharpest change came in the year to September 2021, when income rose by 58%. Over the whole period it spent 87% 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 the Treasure Coast Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Western Wayne Family Health Centers ($20.4m), Detroit Rescue Mission Ministries Genesis House I II III & Oasis ($20.5m) and Nursing & Therapy Services of Co Inc ($20.4m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $556k (3.5% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $13.1m against liabilities of $5.1m, net assets of $8.0m. It reported 675 employees.
Income and spending
Where the income comes from
- Contributions & grants 26%
- Program services 74%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Western Wayne Family Health Centers | Inkster | $20.4m |
| Detroit Rescue Mission Ministries Genesis House I II III & Oasis | Detroit | $20.5m |
| Nursing & Therapy Services of Co Inc | Colorado SPGS | $20.4m |
| Elkins Regional Convalescent Center Inc | Elkins | $20.5m |