Westside Family Healthcare Inc

Analysis

Westside Family Healthcare Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in December 1984, 42 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Westside Family Healthcare Inc reported income of $31.7m and spending of $28.0m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.1m to $31.7m (+26%), an average of +6.0% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Westside Family Healthcare Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within DE. Charities of a similar size with the same main cause include Barry Goldwater Institute for Public Policy Research ($31.7m), Alexs Lemonade Stand Foundation ($31.7m) and Nations Finest ($31.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $844k (3.0% of expenses). Other salaries and wages came to $14.9m. At year end it held assets of $32.4m against liabilities of $8.4m, net assets of $23.9m. It reported 305 employees.