Visitation House Inc
Visitation House Inc. shows consistent asset growth and no reported officer compensation, but recent liabilities have increased significantly.
EIN: 10595450 · Worcester, MA · NTEE: P45 · Updated: 2026-03-27
| Metric | Value |
|---|---|
| Total Revenue | $788K |
| Total Expenses | $447K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.3 |
| Net Assets | $855K |
| Transparency Score | 85/100 |
Is Visitation House Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Visitation House Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Visitation House Inc
Visitation House Inc (EIN: 10595450) is a nonprofit organization based in Worcester, MA, classified under NTEE code P45. The organization reported total revenue of $788K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Visitation House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Visitation House Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $429K |
| Total Expenses | $447K |
| Surplus / Deficit | $-17,953 |
| Total Assets | $1.4M |
| Total Liabilities | $499K |
| Net Assets | $855K |
| Operating Margin | -4.2% |
| Debt-to-Asset Ratio | 36.9% |
| Months of Reserves | 36.4 months |
Financial Health Grade: B
In 2023, Visitation House Inc reported a deficit of $18K with expenses exceeding revenue, holds 36.4 months of operating reserves (strong position), has a debt-to-asset ratio of 36.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Visitation House Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.5% | -8.3% | -2.9% |
| 2022 | -11.7% | -4.6% | +9.0% |
| 2021 | +48.5% | +8.1% | +106.7% |
| 2020 | -4.6% | -2.5% | +14.0% |
| 2019 | +11.5% | +11.5% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Visitation House Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Visitation House Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.9%.
Executive Compensation Analysis
Visitation House Inc. has consistently reported 0% officer compensation across all 13 available IRS 990 filings, indicating that no salaries or other compensation were paid to officers, directors, trustees, or key employees. This is highly unusual for an organization of its size with assets exceeding $1.3 million and suggests a volunteer-led or very lean leadership structure, directing more funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Visitation House Inc's IRS 990 filings:
- Significant increase in liabilities from $89,039 in 202008 to $499,446 in 202308, requiring further investigation.
- Revenue decline from $709,529 in 202108 to $429,147 in 202308, which could impact future operations if not addressed.
Strengths
The following positive indicators were identified for Visitation House Inc:
- Consistent asset growth, reaching $1,354,458 in 202308, indicating financial stability.
- No reported officer compensation across all 13 filings, suggesting high efficiency and dedication to mission.
- Long history of IRS 990 filings (13 periods), demonstrating transparency and compliance.
- Positive net assets, with assets consistently exceeding liabilities for most of its history.
Frequently Asked Questions about Visitation House Inc
Is Visitation House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Visitation House Inc (EIN: 10595450) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Visitation House Inc spend its money?
Visitation House Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Visitation House Inc tax-deductible?
Visitation House Inc is registered as a tax-exempt nonprofit (EIN: 10595450). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Visitation House Inc CEO make?
Visitation House Inc's highest-compensated officer earns $1.3 annually. The organization reported $788K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Visitation House Inc's spending goes to programs?
Visitation House Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Visitation House Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Visitation House Inc is above average for NTEE category P45 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Visitation House Inc located?
Visitation House Inc is headquartered in Worcester, Massachusetts and files with the IRS under EIN 10595450. It is classified under NTEE code P45.
How many years of IRS 990 filings does Visitation House Inc have?
Visitation House Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $788K in total revenue.
What caused the significant increase in liabilities from $89,039 in 202008 to $499,446 in 202308?
The IRS 990 filings show a substantial increase in liabilities, which could be due to various factors such as new mortgages, program-related debt, or deferred revenue. A deeper dive into the specific line items on the balance sheet would be needed to understand the nature of these obligations.
How does Visitation House Inc. manage to operate without reporting any officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation falls below reporting thresholds, or is covered by another entity. This is a strong indicator of dedication to the mission and efficient use of funds.
What is the reason for the revenue fluctuation, particularly the drop from $709,529 in 202108 to $429,147 in 202308?
Revenue fluctuations can be influenced by changes in grant funding, individual donations, or specific fundraising campaigns. Understanding the sources of revenue and the reasons for the decline would provide insight into the organization's financial stability and fundraising strategies.
Filing History
IRS 990 filing history for Visitation House Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Visitation House Inc's revenue has grown by 53.9%, moving from $279K to $429K. Total assets increased by 1699.9% over the same period, from $75K to $1.4M. Total functional expenses rose by 57.9%, from $283K to $447K. In its most recent filing year (2023), Visitation House Inc reported a deficit of $18K, with expenses exceeding revenue. The organization holds $499K in liabilities against $1.4M in assets (debt-to-asset ratio: 36.9%), resulting in net assets of $855K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $429K | $447K | $1.4M | $499K | — | — |
| 2022 | $626K | $487K | $1.4M | $527K | — | — |
| 2021 | $710K | $511K | $1.3M | $551K | — | View 990 |
| 2020 | $478K | $473K | $619K | $89K | — | — |
| 2019 | $501K | $485K | $543K | $18K | — | View 990 |
| 2018 | $449K | $434K | $530K | $22K | — | View 990 |
| 2017 | $414K | $422K | $509K | $16K | — | View 990 |
| 2016 | $433K | $365K | $518K | $17K | — | View 990 |
| 2015 | $295K | $288K | $444K | $12K | — | View 990 |
| 2014 | $491K | $288K | $448K | $23K | — | View 990 |
| 2013 | $309K | $272K | $231K | $9K | — | View 990 |
| 2012 | $397K | $278K | $201K | $17K | — | View 990 |
| 2011 | $279K | $283K | $75K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $429K, expenses of $447K, and assets of $1.4M (revenue -31.5% year-over-year).
- 2022: Revenue of $626K, expenses of $487K, and assets of $1.4M (revenue -11.7% year-over-year).
- 2021: Revenue of $710K, expenses of $511K, and assets of $1.3M (revenue +48.5% year-over-year).
- 2020: Revenue of $478K, expenses of $473K, and assets of $619K (revenue -4.6% year-over-year).
- 2019: Revenue of $501K, expenses of $485K, and assets of $543K (revenue +11.5% year-over-year).
- 2018: Revenue of $449K, expenses of $434K, and assets of $530K (revenue +8.4% year-over-year).
- 2017: Revenue of $414K, expenses of $422K, and assets of $509K (revenue -4.5% year-over-year).
- 2016: Revenue of $433K, expenses of $365K, and assets of $518K (revenue +46.9% year-over-year).
- 2015: Revenue of $295K, expenses of $288K, and assets of $444K (revenue -39.9% year-over-year).
- 2014: Revenue of $491K, expenses of $288K, and assets of $448K (revenue +58.8% year-over-year).
- 2013: Revenue of $309K, expenses of $272K, and assets of $231K (revenue -22.1% year-over-year).
- 2012: Revenue of $397K, expenses of $278K, and assets of $201K (revenue +42.2% year-over-year).
- 2011: Revenue of $279K, expenses of $283K, and assets of $75K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Visitation House Inc:
Data Sources and Methodology
This transparency report for Visitation House Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.