W-House of Hagerstown Foundation Inc

Analysis

W-House of Hagerstown Foundation Inc is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in May 1989, 37 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, W-House of Hagerstown Foundation Inc reported income of $1.4m and spending of $1.4m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $2.0m to $1.4m (-29%), an average of -11% a year. The sharpest change came in the year to June 2021, when income dropped by 34%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, W-House of Hagerstown Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MD. Charities of a similar size with the same main cause include Families of Autistic Children of Tidewater Inc ($1.4m), Griffin Promise Incorporated ($1.4m) and Safer Together ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $134k (9.8% of expenses). Other salaries and wages came to $596k. At year end it held assets of $3.9m against liabilities of $231k, net assets of $3.7m. It reported 26 employees.