Visiting Nurse Association Of Central New York Inc
Visiting Nurse Association Of Central New York Inc shows consistent asset growth and zero reported officer compensation amidst fluctuating revenues.
EIN: 150536614 · Syracuse, NY · NTEE: E92Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $298.9M |
| Total Expenses | $204.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $200 |
| Net Assets | $39.2M |
| Transparency Score | 95/100 |
Is Visiting Nurse Association Of Central New York Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Visiting Nurse Association Of Central New York Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Visiting Nurse Association Of Central New York Inc
Visiting Nurse Association Of Central New York Inc (EIN: 150536614) is a nonprofit organization based in Syracuse, NY, classified under NTEE code E92Z. The organization reported total revenue of $298.9M and total assets of $98.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Visiting Nurse Association Of Central New York Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Visiting Nurse Association Of Central New York Inc is a major nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $204.0M |
| Total Expenses | $204.8M |
| Surplus / Deficit | $-821,304 |
| Total Assets | $89.7M |
| Total Liabilities | $50.5M |
| Net Assets | $39.2M |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 56.3% |
| Months of Reserves | 5.3 months |
Financial Health Grade: C
In 2023, Visiting Nurse Association Of Central New York Inc reported a deficit of $821K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 56.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Visiting Nurse Association Of Central New York Inc's revenue has grown at a compound annual growth rate (CAGR) of 27.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.1% | +23.5% | +7.3% |
| 2022 | -0.9% | +11.5% | +8.0% |
| 2021 | -53.2% | -58.1% | -10.2% |
| 2020 | -32.9% | -37.4% | +0.5% |
| 2019 | +14.6% | +20.9% | -23.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Visiting Nurse Association Of Central New York Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Visiting Nurse Association Of Central New York Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $821K, with expenses exceeding revenue.
- Debt-to-asset ratio: 56.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is exceptional for an entity with revenues exceeding $200 million in its latest period. This indicates a strong commitment to directing financial resources entirely towards its mission and operational costs, rather than executive salaries.
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 Visiting Nurse Association Of Central New York Inc's IRS 990 filings:
- Significant revenue volatility over the past five years, which could indicate reliance on large, potentially unstable funding sources or contracts.
Strengths
The following positive indicators were identified for Visiting Nurse Association Of Central New York Inc:
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission and efficient resource allocation.
- Significant and consistent growth in assets over the past decade, demonstrating long-term financial health and stability.
- Healthy asset-to-liability ratio, suggesting strong solvency and ability to meet financial obligations.
- Large scale of operations, with revenues exceeding $200 million in the latest period, indicating significant impact and reach in its community.
Frequently Asked Questions about Visiting Nurse Association Of Central New York Inc
Is Visiting Nurse Association Of Central New York Inc a legitimate charity?
Visiting Nurse Association Of Central New York Inc (EIN: 150536614) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $298.9M. 1 red flag identified. 4 strengths noted. Financial health grade: C.
How does Visiting Nurse Association Of Central New York Inc spend its money?
Visiting Nurse Association Of Central New York Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Visiting Nurse Association Of Central New York Inc tax-deductible?
Visiting Nurse Association Of Central New York Inc is registered as a tax-exempt nonprofit (EIN: 150536614). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Visiting Nurse Association Of Central New York Inc CEO make?
Visiting Nurse Association Of Central New York Inc's highest-compensated officer earns $200 annually. The organization reported $298.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Visiting Nurse Association Of Central New York Inc's spending goes to programs?
Visiting Nurse Association Of Central New York Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Visiting Nurse Association Of Central New York Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Visiting Nurse Association Of Central New York Inc is above average for NTEE category E92Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Visiting Nurse Association Of Central New York Inc located?
Visiting Nurse Association Of Central New York Inc is headquartered in Syracuse, New York and files with the IRS under EIN 150536614. It is classified under NTEE code E92Z.
How many years of IRS 990 filings does Visiting Nurse Association Of Central New York Inc have?
Visiting Nurse Association Of Central New York 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 $298.9M in total revenue.
Is Visiting Nurse Association Of Central New York Inc a good charity?
Based on the available IRS 990 data, the Visiting Nurse Association Of Central New York Inc appears to be a very good charity. Its consistent reporting of 0% officer compensation is a significant positive indicator of its commitment to its mission and efficient use of funds. The organization also demonstrates strong asset growth over time, suggesting financial stability.
How has the organization's revenue trended over the past few years?
The organization's revenue has shown significant fluctuations. It peaked at $546,254,448 in 201912, then decreased to $169,841,612 in 202212, before rebounding to $203,950,326 in 202312. This volatility might be due to changes in funding models, service contracts, or external factors.
What is the organization's financial stability like?
The organization demonstrates strong financial stability, with assets growing from $20,155,449 in 201412 to $89,689,907 in 202312. While liabilities have also increased, the asset base has consistently outpaced them, indicating a healthy balance sheet and long-term solvency.
Filing History
IRS 990 filing history for Visiting Nurse Association Of Central New York Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Visiting Nurse Association Of Central New York Inc's revenue has grown by 1714.1%, moving from $11.2M to $204.0M. Total assets increased by 487.2% over the same period, from $15.3M to $89.7M. Total functional expenses rose by 1673%, from $11.5M to $204.8M. In its most recent filing year (2023), Visiting Nurse Association Of Central New York Inc reported a deficit of $821K, with expenses exceeding revenue. The organization holds $50.5M in liabilities against $89.7M in assets (debt-to-asset ratio: 56.3%), resulting in net assets of $39.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $204.0M | $204.8M | $89.7M | $50.5M | — | — |
| 2022 | $169.8M | $165.8M | $83.6M | $44.5M | — | View 990 |
| 2021 | $171.4M | $148.7M | $77.5M | $38.2M | — | View 990 |
| 2020 | $366.4M | $354.7M | $86.2M | $62.3M | — | View 990 |
| 2019 | $546.3M | $566.5M | $85.8M | $80.2M | — | View 990 |
| 2018 | $476.6M | $468.7M | $112.6M | $88.4M | — | View 990 |
| 2017 | $301.8M | $298.5M | $99.9M | $81.2M | — | — |
| 2016 | $124.3M | $122.5M | $53.3M | $37.3M | — | View 990 |
| 2015 | $40.6M | $39.9M | $29.0M | $13.7M | — | View 990 |
| 2014 | $25.1M | $24.4M | $20.2M | $6.2M | — | View 990 |
| 2013 | $14.3M | $15.6M | $17.7M | $3.0M | — | View 990 |
| 2012 | $13.5M | $12.9M | $16.1M | $2.3M | — | View 990 |
| 2011 | $11.2M | $11.5M | $15.3M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $204.0M, expenses of $204.8M, and assets of $89.7M (revenue +20.1% year-over-year).
- 2022: Revenue of $169.8M, expenses of $165.8M, and assets of $83.6M (revenue -0.9% year-over-year).
- 2021: Revenue of $171.4M, expenses of $148.7M, and assets of $77.5M (revenue -53.2% year-over-year).
- 2020: Revenue of $366.4M, expenses of $354.7M, and assets of $86.2M (revenue -32.9% year-over-year).
- 2019: Revenue of $546.3M, expenses of $566.5M, and assets of $85.8M (revenue +14.6% year-over-year).
- 2018: Revenue of $476.6M, expenses of $468.7M, and assets of $112.6M (revenue +57.9% year-over-year).
- 2017: Revenue of $301.8M, expenses of $298.5M, and assets of $99.9M (revenue +142.7% year-over-year).
- 2016: Revenue of $124.3M, expenses of $122.5M, and assets of $53.3M (revenue +206.2% year-over-year).
- 2015: Revenue of $40.6M, expenses of $39.9M, and assets of $29.0M (revenue +61.9% year-over-year).
- 2014: Revenue of $25.1M, expenses of $24.4M, and assets of $20.2M (revenue +75.1% year-over-year).
- 2013: Revenue of $14.3M, expenses of $15.6M, and assets of $17.7M (revenue +6.0% year-over-year).
- 2012: Revenue of $13.5M, expenses of $12.9M, and assets of $16.1M (revenue +20.3% year-over-year).
- 2011: Revenue of $11.2M, expenses of $11.5M, and assets of $15.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Visiting Nurse Association Of Central New York Inc:
Data Sources and Methodology
This transparency report for Visiting Nurse Association Of Central New York 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.