West Virginia Health Right Inc

Analysis

West Virginia Health Right Inc is a registered charity in United States, based in Charleston, WV. It received its IRS tax-exemption ruling in July 1983, 43 years ago. 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, West Virginia Health Right Inc reported income of $34.7m and spending of $28.4m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.3m to $34.7m (+56%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Virginia Health Right Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WV. Charities of a similar size with the same main cause include Peregrine Fund Inc ($34.6m), Methodist Hospital Self Insurance Trust ($34.7m) and Services for the Underserved Inc ($34.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.3% of the total. Other salaries and wages came to $4.2m. At year end it held assets of $22.1m against liabilities of $5.2m, net assets of $17.0m. It reported 94 employees.