Waverly Care Associates

Analysis

Waverly Care Associates is a registered charity in United States, based in Gladwyne, PA. It received its IRS tax-exemption ruling in September 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Waverly Care Associates reported income of $10.1m and spending of $9.0m, spending 89% of its income. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Waverly Care Associates sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include The Osborn Family Health Center Inc ($10.1m), Lahey Health Shared Services Inc ($10.1m) and Monticello Medical Associates Inc ($10.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $6.8m. At year end it held assets of $1.7m against liabilities of $462k, net assets of $1.2m. It reported 268 employees.