Wayne Memorial Long Term Care Inc

Analysis

Wayne Memorial Long Term Care Inc is a registered charity in United States, based in Waymart, PA. It received its IRS tax-exemption ruling in April 1993, 33 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Wayne Memorial Long Term Care Inc reported income of $8.9m and spending of $10.1m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.0m to $8.9m (-0.6%), an average of -0.2% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wayne Memorial Long Term Care Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within PA. Charities of a similar size with the same main cause include Center for Family Development Inc ($8.9m), Charlevoix Nursing Home Corporation ($8.9m) and St Claras Manor ($8.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 96% of the total. Other salaries and wages came to $4.0m. At year end it held assets of $6.7m against liabilities of $1.6m, net assets of $5.1m. It reported 129 employees.