Association for the Advancement of Wound Care

Analysis

Association for the Advancement of Wound Care is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Association for the Advancement of Wound Care reported income of $101k and spending of $85k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $651k to $101k (-84%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 71%. Over the whole period it spent 143% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Association for the Advancement of Wound Care sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include Old Saratoga Athletic Association ($101k), Parent Booster USA Inc ($101k) and Little Green Gridiron Club Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 1.7% of the total. At year end it held assets of $50k against liabilities of $56k, net assets of -$6,443.