Wheeler Clinic Inc

Analysis

Wheeler Clinic Inc is a registered charity in United States, based in Plainville, CT. It received its IRS tax-exemption ruling in May 1968, 58 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Wheeler Clinic Inc reported income of $90.3m and spending of $85.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $74.3m to $90.3m (+22%), an average of +5.0% a year. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wheeler Clinic Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CT. Charities of a similar size with the same main cause include Memorial Hospital Inc ($90.2m), Dap Health Inc ($90.4m) and American Board of Internal Medicine ($90.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $2.2m (2.5% of expenses). At year end it held assets of $119.0m against liabilities of $26.4m, net assets of $92.7m. It reported 1,081 employees.