Wraparound Services of the Hudson Valley Inc

Analysis

Wraparound Services of the Hudson Valley Inc is a registered charity in United States, based in Lake Katrine, NY. It received its IRS tax-exemption ruling in May 1953, 73 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 December 2023, Wraparound Services of the Hudson Valley Inc reported income of $16.9m and spending of $17.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $14.6m to $16.9m (+15%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wraparound Services of the Hudson Valley Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 95th percentile within NY. Charities of a similar size with the same main cause include Carolina Seniorcare ($16.9m), Bethany Manor Inc ($16.9m) and Plantation Village Inc ($16.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $528k (3.1% of expenses). Other salaries and wages came to $10.1m. At year end it held assets of $13.7m against liabilities of $3.0m, net assets of $10.6m. It reported 384 employees.