Vna Home & Hospice
Vna Home & Hospice faces significant financial challenges with recent deficits and increasing liabilities.
EIN: 10246804 · S Portland, ME · NTEE: E920 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $43.0M |
| Total Expenses | $51.4M |
| Program Spending | 85% |
| Net Assets | $-4,036,889 |
| Transparency Score | 65/100 |
Is Vna Home & Hospice Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vna Home & Hospice directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vna Home & Hospice
Vna Home & Hospice (EIN: 10246804) is a nonprofit organization based in S Portland, ME, classified under NTEE code E920. The organization reported total revenue of $43.0M and total assets of $15.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vna Home & Hospice's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vna Home & Hospice is a large nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40.9M |
| Total Expenses | $51.4M |
| Surplus / Deficit | $-10,528,944 |
| Total Assets | $16.6M |
| Total Liabilities | $20.6M |
| Net Assets | $-4,036,889 |
| Operating Margin | -25.7% |
| Debt-to-Asset Ratio | 124.3% |
| Months of Reserves | 3.9 months |
Financial Health Grade: C
In 2023, Vna Home & Hospice reported a deficit of $10.5M with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate), has a debt-to-asset ratio of 124.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vna Home & Hospice's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.4% | +5.8% | +11.9% |
| 2022 | -9.7% | +0.1% | -39.9% |
| 2021 | +1.6% | -2.2% | +1.3% |
| 2020 | +2.4% | +2.3% | +92.1% |
| 2019 | -8.8% | -11.5% | +8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1945 |
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 Vna Home & Hospice with a Mission Score of 65 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Vna Home & Hospice 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 $10.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 124.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees. This is a highly unusual and positive finding, suggesting that resources are directly channeled into program services 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 Vna Home & Hospice's IRS 990 filings:
- Significant deficit in the latest fiscal year (202309: $10.5M loss).
- Liabilities ($20,618,512) exceeding assets ($16,581,623) in the latest fiscal year, indicating a negative net asset position.
- Consistent trend of expenses exceeding revenue in multiple recent periods (202309, 202209, 201809, 201709, 201609).
Strengths
The following positive indicators were identified for Vna Home & Hospice:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission.
- Long history of operations (13 filings available), suggesting established presence and experience in the sector.
- Substantial revenue base (over $40M in latest filing) indicates significant scale of operations and service delivery.
Frequently Asked Questions about Vna Home & Hospice
Is Vna Home & Hospice a legitimate charity?
Based on AI analysis of IRS 990 filings, Vna Home & Hospice (EIN: 10246804) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Vna Home & Hospice spend its money?
Vna Home & Hospice directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vna Home & Hospice tax-deductible?
Vna Home & Hospice is registered as a tax-exempt nonprofit (EIN: 10246804). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vna Home & Hospice's spending goes to programs?
Vna Home & Hospice directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vna Home & Hospice compare to similar nonprofits?
With a transparency score of 65/100 (Good), Vna Home & Hospice is above average for NTEE category E920 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vna Home & Hospice located?
Vna Home & Hospice is headquartered in S Portland, Maine and files with the IRS under EIN 10246804. It is classified under NTEE code E920.
How many years of IRS 990 filings does Vna Home & Hospice have?
Vna Home & Hospice 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 $43.0M in total revenue.
Is Vna Home & Hospice financially stable?
Based on the 202309 filing, Vna Home & Hospice is experiencing financial instability, with expenses ($51,419,215) significantly exceeding revenue ($40,890,271) and liabilities ($20,618,512) surpassing assets ($16,581,623). This indicates a negative net asset position and potential liquidity concerns.
How has the organization's financial health changed over time?
The organization has seen fluctuating financial health. While it had periods of positive net income (e.g., 202109, 202009), the most recent filings (202309, 202209) show significant deficits, and liabilities have grown substantially, particularly in 202309.
What is the organization's approach to executive compensation?
Vna Home & Hospice consistently reports 0% officer compensation, meaning no salaries or benefits were paid to its officers, directors, trustees, or key employees according to the available IRS 990 data. This is a strong indicator of a mission-first approach to resource allocation.
Filing History
IRS 990 filing history for Vna Home & Hospice showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vna Home & Hospice's revenue has grown by 264.6%, moving from $11.2M to $40.9M. Total assets increased by 26.2% over the same period, from $13.1M to $16.6M. Total functional expenses rose by 379.2%, from $10.7M to $51.4M. In its most recent filing year (2023), Vna Home & Hospice reported a deficit of $10.5M, with expenses exceeding revenue. The organization holds $20.6M in liabilities against $16.6M in assets (debt-to-asset ratio: 124.3%), resulting in net assets of $-4,036,889.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40.9M | $51.4M | $16.6M | $20.6M | — | — |
| 2022 | $45.7M | $48.6M | $14.8M | $8.5M | — | View 990 |
| 2021 | $50.6M | $48.5M | $24.7M | $15.2M | — | View 990 |
| 2020 | $49.8M | $49.6M | $24.3M | $17.7M | — | — |
| 2019 | $48.6M | $48.5M | $12.7M | $6.6M | — | View 990 |
| 2018 | $53.3M | $54.8M | $11.7M | $6.0M | — | View 990 |
| 2017 | $47.1M | $47.7M | $12.3M | $4.9M | — | View 990 |
| 2016 | $37.4M | $39.2M | $12.2M | $4.7M | — | View 990 |
| 2015 | $18.7M | $18.1M | $7.8M | $2.6M | — | View 990 |
| 2014 | $15.5M | $14.6M | $16.7M | $2.0M | — | View 990 |
| 2013 | $10.4M | $10.0M | $14.9M | $1.2M | — | View 990 |
| 2012 | $13.9M | $12.5M | $14.4M | $1.0M | — | View 990 |
| 2011 | $11.2M | $10.7M | $13.1M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40.9M, expenses of $51.4M, and assets of $16.6M (revenue -10.4% year-over-year).
- 2022: Revenue of $45.7M, expenses of $48.6M, and assets of $14.8M (revenue -9.7% year-over-year).
- 2021: Revenue of $50.6M, expenses of $48.5M, and assets of $24.7M (revenue +1.6% year-over-year).
- 2020: Revenue of $49.8M, expenses of $49.6M, and assets of $24.3M (revenue +2.4% year-over-year).
- 2019: Revenue of $48.6M, expenses of $48.5M, and assets of $12.7M (revenue -8.8% year-over-year).
- 2018: Revenue of $53.3M, expenses of $54.8M, and assets of $11.7M (revenue +13.1% year-over-year).
- 2017: Revenue of $47.1M, expenses of $47.7M, and assets of $12.3M (revenue +25.8% year-over-year).
- 2016: Revenue of $37.4M, expenses of $39.2M, and assets of $12.2M (revenue +100.7% year-over-year).
- 2015: Revenue of $18.7M, expenses of $18.1M, and assets of $7.8M (revenue +20.2% year-over-year).
- 2014: Revenue of $15.5M, expenses of $14.6M, and assets of $16.7M (revenue +49.8% year-over-year).
- 2013: Revenue of $10.4M, expenses of $10.0M, and assets of $14.9M (revenue -25.5% year-over-year).
- 2012: Revenue of $13.9M, expenses of $12.5M, and assets of $14.4M (revenue +24.0% year-over-year).
- 2011: Revenue of $11.2M, expenses of $10.7M, and assets of $13.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vna Home & Hospice:
Data Sources and Methodology
This transparency report for Vna Home & Hospice 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.