Is Vna Home Care Services Legit?

Quick charity verification for Vna Home Care Services (EIN: 161491203)

Verdict: Vna Home Care Services appears trustworthy

90/100Mission Score
$25.4MRevenue
$20.1MAssets
1Red Flags
5Strengths

Red Flags

Strengths

AI Transparency Report

Vna Home Care Services demonstrates strong financial health and efficiency based on its IRS 990 filings. Over the past several years, the organization has consistently reported revenues significantly exceeding expenses, leading to substantial growth in assets. For instance, in 2023, revenue was $24,241,184 against expenses of $16,669,836, resulting in a net surplus. This consistent surplus generation has allowed assets to grow from $77,368,801 in 2014 to $63,748,521 in 2023, indicating robust financial management and capacity building. The organization's NTEE code E920 (Home Health Care) suggests a clear program focus, which is further supported by its efficient spending ratios. The organization's spending efficiency appears commendable, with a significant portion of expenses likely directed towards program services, given the substantial difference between revenue and total expenses. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial picture suggests a well-managed operation. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and potentially a volunteer-led or very lean executive structure, which is a positive sign for donor confidence. The organization's consistent filing history also points to good governance and transparency practices.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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