Wound Healing Foundation

Analysis

Wound Healing Foundation is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in March 2012, 14 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, Wound Healing Foundation reported income of $69k and spending of $78k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $69k (-15%), an average of -15% a year. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wound Healing Foundation sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 23rd percentile within RI. Charities of a similar size with the same main cause include Andy Irons Foundation ($69k), Licking County Community Health Care ($69k) and Orphanwise Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $248k against liabilities of $0, net assets of $248k.