Northwest Colorado Visiting Nurse Association

Analysis

Northwest Colorado Visiting Nurse Association is a registered charity in United States, based in Steamboat SPR, CO. It received its IRS tax-exemption ruling in April 1966, 60 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northwest Colorado Visiting Nurse Association reported income of $15.8m and spending of $15.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.7m to $15.8m (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2020, when income rose by 17%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northwest Colorado Visiting Nurse Association sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CO. Charities of a similar size with the same main cause include Broward Community and Family Health Centers Inc ($15.8m), Bronson Properties Corporation ($15.8m) and Livingston Memorial Visiting Nurse Association ($15.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $534k (3.4% of expenses). Other salaries and wages came to $8.3m. At year end it held assets of $16.0m against liabilities of $6.8m, net assets of $9.3m. It reported 207 employees.