Willowood of North Adams Inc

Analysis

Willowood of North Adams Inc is a registered charity in United States, based in Pittsfield, MA. It received its IRS tax-exemption ruling in November 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Willowood of North Adams Inc reported income of $11.4m and spending of $11.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.3m to $11.4m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Willowood of North Adams Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MA. Charities of a similar size with the same main cause include Rosebud Community Hospital Inc ($11.4m), Vip Community Mental Health Center Inc ($11.4m) and Faulkton Area Medical Center ($11.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $4.2m. At year end it held assets of $11.0m against liabilities of $5.2m, net assets of $5.8m. It reported 120 employees.