Wih Faculty Physicians Inc

Analysis

Wih Faculty Physicians Inc is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in January 2004, 22 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 September 2023, Wih Faculty Physicians Inc reported income of $1.6m and spending of $2.6m, spending 162% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.0m to $1.6m (-21%), an average of -5.6% a year. The sharpest change came in the year to September 2021, when income rose by 26%. Over the whole period it spent 130% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wih Faculty Physicians Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within RI. Charities of a similar size with the same main cause include Pediatric Interim Care Center Inc ($1.6m), Program to Aid Citizens Enterprise Pace ($1.6m) and Oklahoma City Innovation District Inc ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.4m against liabilities of $11.1m, net assets of -$9.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.