Waterbury Hospital Auxiliary Inc

Analysis

Waterbury Hospital Auxiliary Inc is a registered charity in United States, based in Waterbury, CT. It received its IRS tax-exemption ruling in February 1959, 67 years ago. 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, Waterbury Hospital Auxiliary Inc reported income of $52k and spending of $74k, spending 142% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $125k to $52k (-58%), an average of -20% a year. The sharpest change came in the year to September 2020, when income dropped by 57%. Over the whole period it spent 140% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Waterbury Hospital Auxiliary Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within CT. Charities of a similar size with the same main cause include Sagebrush Food Pantry ($52k), Dignity of Man Foundation ($52k) and San Antonio Charities ($52k).

Other salaries and wages came to $60k. At year end it held assets of $157k against liabilities of $182k, net assets of -$25k.

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.