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WB Community Health

RegisteredEIN 06-1494220Cranston, RIEducation and training
Income$123.0m2023-06
Spending$123.1msame year
Spent / received95%5-year average
Size in its cause99th pctEducation and training
Exempt since1999Supporting organisation
Employees1latest return

Analysis

WB Community Health is a registered charity in United States, based in Cranston, RI. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, WB Community Health reported income of $123.0m and spending of $123.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $128.5m to $123.0m (-4.3%), an average of -1.1% a year. The sharpest change came in the year to June 2022, when income dropped by 21%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, WB Community Health sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within RI. Charities of a similar size with the same main cause include Ringling College of Art and Design Inc ($122.8m), Uhf-Ca Gift Annuity Reserve TR ($123.1m) and Charleston Southern University ($122.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $125k (0.1% of expenses). Other salaries and wages came to $5,787. At year end it held assets of $55.8m against liabilities of $15.4m, net assets of $40.4m. It reported 1 employees.

Income and spending

$0$37.4m$74.7m$112.1m$149.4m2019 Income: $128,541,0002019 Spending: $123,131,27520192020 Income: $132,942,7862020 Spending: $118,429,57820202021 Income: $149,441,9882021 Spending: $139,237,88320212022 Income: $118,133,7822022 Spending: $116,007,59520222023 Income: $122,975,6182023 Spending: $123,121,7232023
IncomeSpending

Where the income comes from

  • Program services 98%
  • Other 1.9%

Similar-sized charities, same cause

CharityLocationIncome
Ringling College of Art and Design IncSarasota$122.8m
Uhf-Ca Gift Annuity Reserve TRPittsburgh$123.1m
Charleston Southern UniversityN Charleston$122.5m
Chicago Charter School FoundationChicago$123.1m