Visiting Nurse Association of Texas Foundation

Analysis

Visiting Nurse Association of Texas Foundation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in November 1980, 46 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 June 2023, Visiting Nurse Association of Texas Foundation reported income of $1.5m and spending of $1.9m, spending 125% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $854k to $1.5m (+77%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 249%. Over the whole period it spent 196% 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 Texas Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Safety Council of Texas City ($1.5m), Perinatal Support Washington ($1.5m) and Khesed Wellness a Colorado Nonprofit Corporation ($1.5m).

Compensation of current officers, directors and key employees was $308k (16% of expenses). It paid $476k in professional fundraising fees. At year end it held assets of $14.0m against liabilities of $9.6m, net assets of $4.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.