Visiting Nurse Service Of New York
Visiting Nurse Service Of New York reports over $500 million in latest revenue with no officer compensation listed in provided filings.
EIN: 133189926 · New York, NY · NTEE: E92 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $514.6M |
| Total Expenses | $34.8M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $500 |
| Net Assets | $401.1M |
| Transparency Score | 75/100 |
Is Visiting Nurse Service Of New York Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Visiting Nurse Service Of New York directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Visiting Nurse Service Of New York
Visiting Nurse Service Of New York (EIN: 133189926) is a nonprofit organization based in New York, NY, classified under NTEE code E92. The organization reported total revenue of $514.6M and total assets of $956.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Visiting Nurse Service Of New York's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Visiting Nurse Service Of New York is a major nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46.9M |
| Total Expenses | $34.8M |
| Surplus / Deficit | +$12.1M |
| Total Assets | $899.4M |
| Total Liabilities | $498.3M |
| Net Assets | $401.1M |
| Operating Margin | 25.8% |
| Debt-to-Asset Ratio | 55.4% |
| Months of Reserves | 310.0 months |
Financial Health Grade: A
In 2023, Visiting Nurse Service Of New York reported a surplus of $12.1M with revenue exceeding expenses, holds 310.0 months of operating reserves (strong position), has a debt-to-asset ratio of 55.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Visiting Nurse Service Of New York's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.1% | +33.1% | -3.4% |
| 2022 | -6.8% | +21.9% | +12.4% |
| 2021 | -52.6% | -9.2% | -1.8% |
| 2020 | +132.2% | +20.5% | +33.1% |
| 2019 | +25.5% | -42.0% | -6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Service Of New York with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Visiting Nurse Service Of New York allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 surplus of $12.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 55.4%.
Executive Compensation Analysis
The provided data consistently shows 'Officer Comp=0%' across all listed filing periods, which is unusual for an organization of this size with over $500 million in revenue and nearly $1 billion in assets. This either indicates that officers receive no compensation, or that their compensation is reported under a different category or through a related entity not captured in this specific data point, warranting further scrutiny for complete transparency.
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 Service Of New York's IRS 990 filings:
- Consistent 'Officer Comp=0%' for a large organization, potentially obscuring executive compensation details.
- Significant fluctuations in reported annual revenue and expenses without clear explanation in the provided data.
Strengths
The following positive indicators were identified for Visiting Nurse Service Of New York:
- Substantial asset base ($956,605,802 latest assets) indicating financial stability and capacity.
- Large scale of operations (latest revenue over $500 million) suggesting significant impact in its service area.
- NTEE code E92 (Home Health Care) aligns with a direct service mission.
Frequently Asked Questions about Visiting Nurse Service Of New York
Is Visiting Nurse Service Of New York a legitimate charity?
Visiting Nurse Service Of New York (EIN: 133189926) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $514.6M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Visiting Nurse Service Of New York spend its money?
Visiting Nurse Service Of New York directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Visiting Nurse Service Of New York tax-deductible?
Visiting Nurse Service Of New York is registered as a tax-exempt nonprofit (EIN: 133189926). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Visiting Nurse Service Of New York CEO make?
Visiting Nurse Service Of New York's highest-compensated officer earns $500 annually. The organization reported $514.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Visiting Nurse Service Of New York's spending goes to programs?
Visiting Nurse Service Of New York directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Visiting Nurse Service Of New York compare to similar nonprofits?
With a transparency score of 75/100 (Good), Visiting Nurse Service Of New York is above average for NTEE category E92 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Visiting Nurse Service Of New York located?
Visiting Nurse Service Of New York is headquartered in New York, New York and files with the IRS under EIN 133189926. It is classified under NTEE code E92.
How many years of IRS 990 filings does Visiting Nurse Service Of New York have?
Visiting Nurse Service Of New York 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 $514.6M in total revenue.
How does Visiting Nurse Service Of New York manage to report 'Officer Comp=0%' given its scale?
The consistent reporting of 'Officer Comp=0%' across all provided filings for an organization with over $500 million in revenue is highly unusual. It suggests that executive compensation might be reported under different expense categories, paid through a related entity, or that the specific data point provided does not capture the full picture of executive remuneration. Further investigation into the full IRS 990 forms, particularly Schedule J, would be necessary to understand how executive compensation is handled.
What is the true program spending ratio of VNSNY?
Without a detailed breakdown of program, administrative, and fundraising expenses from the provided summary data, it's challenging to determine the exact program spending ratio. The provided 'spendingBreakdown' is an estimate based on typical efficient non-profit operations, but a precise figure would require analyzing the full IRS 990 forms.
Why are there significant fluctuations in reported annual revenue and expenses?
The reported annual revenue and expenses show considerable fluctuations (e.g., revenue from $33M to $100M in different periods, and a latest revenue of over $500M). This could be due to various factors such as changes in funding streams, specific project-based grants, or the provided data representing different components or consolidated entities within the broader VNSNY system. The latest revenue figure of $514,592,553 is significantly higher than any individual period's revenue listed, suggesting a broader scope for the 'Latest Revenue' metric.
Filing History
IRS 990 filing history for Visiting Nurse Service Of New York showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Visiting Nurse Service Of New York's revenue has grown by 41.4%, moving from $33.2M to $46.9M. Total assets increased by 6% over the same period, from $848.6M to $899.4M. Total functional expenses rose by 16.1%, from $30.0M to $34.8M. In its most recent filing year (2023), Visiting Nurse Service Of New York reported a surplus of $12.1M, with revenue exceeding expenses. The organization holds $498.3M in liabilities against $899.4M in assets (debt-to-asset ratio: 55.4%), resulting in net assets of $401.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46.9M | $34.8M | $899.4M | $498.3M | — | View 990 |
| 2022 | $43.4M | $26.2M | $931.5M | $550.6M | — | View 990 |
| 2021 | $46.5M | $21.5M | $828.6M | $343.2M | — | View 990 |
| 2020 | $98.1M | $23.6M | $844.1M | $422.9M | — | View 990 |
| 2019 | $42.3M | $19.6M | $634.1M | $383.9M | — | View 990 |
| 2018 | $33.7M | $33.8M | $679.3M | $385.1M | — | View 990 |
| 2017 | $100.4M | $31.3M | $787.5M | $356.6M | — | View 990 |
| 2016 | $46.3M | $24.1M | $908.1M | $273.3M | — | View 990 |
| 2015 | $65.5M | $30.4M | $935.9M | $258.9M | — | — |
| 2014 | $88.1M | $31.2M | $1.0B | $244.4M | — | View 990 |
| 2013 | $75.1M | $20.5M | $1.0B | $235.6M | — | View 990 |
| 2012 | $64.4M | $29.4M | $911.2M | $304.4M | — | View 990 |
| 2011 | $33.2M | $30.0M | $848.6M | $278.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46.9M, expenses of $34.8M, and assets of $899.4M (revenue +8.1% year-over-year).
- 2022: Revenue of $43.4M, expenses of $26.2M, and assets of $931.5M (revenue -6.8% year-over-year).
- 2021: Revenue of $46.5M, expenses of $21.5M, and assets of $828.6M (revenue -52.6% year-over-year).
- 2020: Revenue of $98.1M, expenses of $23.6M, and assets of $844.1M (revenue +132.2% year-over-year).
- 2019: Revenue of $42.3M, expenses of $19.6M, and assets of $634.1M (revenue +25.5% year-over-year).
- 2018: Revenue of $33.7M, expenses of $33.8M, and assets of $679.3M (revenue -66.4% year-over-year).
- 2017: Revenue of $100.4M, expenses of $31.3M, and assets of $787.5M (revenue +116.5% year-over-year).
- 2016: Revenue of $46.3M, expenses of $24.1M, and assets of $908.1M (revenue -29.3% year-over-year).
- 2015: Revenue of $65.5M, expenses of $30.4M, and assets of $935.9M (revenue -25.7% year-over-year).
- 2014: Revenue of $88.1M, expenses of $31.2M, and assets of $1.0B (revenue +17.4% year-over-year).
- 2013: Revenue of $75.1M, expenses of $20.5M, and assets of $1.0B (revenue +16.6% year-over-year).
- 2012: Revenue of $64.4M, expenses of $29.4M, and assets of $911.2M (revenue +94.0% year-over-year).
- 2011: Revenue of $33.2M, expenses of $30.0M, and assets of $848.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Visiting Nurse Service Of New York:
Data Sources and Methodology
This transparency report for Visiting Nurse Service Of New York 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.