Central Coast Vna & Hospice Inc

Analysis

Central Coast Vna & Hospice Inc is a registered charity in United States, based in Monterey, CA. It received its IRS tax-exemption ruling in December 1952, 74 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, Central Coast Vna & Hospice Inc reported income of $28.9m and spending of $28.3m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $30.2m to $28.9m (-4.3%), an average of -1.1% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Central Coast Vna & Hospice Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Hektoen Institute for Medical Research ($28.9m), Northeast Oklahoma Community Health Centers Inc ($28.9m) and Lieber Institute Inc ($28.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.6m (5.8% of expenses). Other salaries and wages came to $15.1m. At year end it held assets of $19.9m against liabilities of $4.6m, net assets of $15.3m. It reported 222 employees.