Healwell

Analysis

Healwell is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in June 2010, 16 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 December 2023, Healwell reported income of $679k and spending of $604k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $301k to $679k (+126%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 148%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healwell sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within VA. Charities of a similar size with the same main cause include Blackburn Foundation ($679k), Aa Community Pregnancy Center ($679k) and Writers Planners Trainers ($679k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 71% of the total. Other salaries and wages came to $451k. At year end it held assets of $186k against liabilities of $12k, net assets of $173k. It reported 24 employees.