Colorado Visiting Nurse Association

Analysis

Colorado Visiting Nurse Association is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in February 1989, 37 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, Colorado Visiting Nurse Association reported income of $10.8m and spending of $12.3m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $18.8m to $10.8m (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Colorado Visiting Nurse Association sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CO. Charities of a similar size with the same main cause include Regions Hospital Foundation ($10.8m), South Central Mental Health Center Inc ($10.8m) and Partnership to End Addiction ($10.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $245k (2.0% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $4.9m against liabilities of $1.8m, net assets of $3.1m. It reported 182 employees.