Wise Regional Health Foundation

Analysis

Wise Regional Health Foundation is a registered charity in United States, based in Decatur, TX. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Wise Regional Health Foundation reported income of $637k and spending of $488k, leaving 23% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.1m to $637k (-43%), an average of -17% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 49% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wise Regional Health Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Annapolis Wellness Corporation ($637k), Prometheus USA Co ($637k) and Mobile Surgery International Inc ($637k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 88% of the total. At year end it held assets of $1.6m against liabilities of $27k, net assets of $1.6m.