Water Street Health Services

Analysis

Water Street Health Services is a registered charity in United States, based in Lancaster, PA. It received its IRS tax-exemption ruling in May 1995, 31 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 (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, Water Street Health Services reported income of $1.5m and spending of $1.5m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.5m (+47%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Water Street Health Services sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Fred Hollows Foundation USA ($1.5m), The Stone Research Foundation for Sports Medicine and Arthritis ($1.5m) and Phils Friends ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 106% of the total. Other salaries and wages came to $643k. At year end it held assets of $326k against liabilities of $0, net assets of $326k.