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Western Healthconnect

RegisteredEIN 45-4171900Renton, WAHealth and saving lives
Income$149.6m2023-12
Spending$165.2msame year
Spent / received101%3-year average
Size in its cause96th pctHealth and saving lives
Exempt since2013Hospital or medical research
Employees841latest return

Analysis

Western Healthconnect is a registered charity in United States, based in Renton, WA. It received its IRS tax-exemption ruling in March 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Western Healthconnect reported income of $149.6m and spending of $165.2m, spending 110% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $179.3m to $149.6m (-17%), an average of -8.7% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. 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, Western Healthconnect sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within WA. Charities of a similar size with the same main cause include Lake Region Healthcare Corporation ($149.5m), Mount St Marys Hospital of Niagara Falls ($149.6m) and Anna Jaques Hospital ($149.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 97% of the total. Other salaries and wages came to $61.0m. At year end it held assets of $150.4m against liabilities of $80.1m, net assets of $70.3m. It reported 841 employees.

Income and spending

$0$44.8m$89.6m$134.5m$179.3m2021 Income: $179,298,4262021 Spending: $151,121,47520212022 Income: $143,704,6882022 Spending: $158,933,26320222023 Income: $149,552,8822023 Spending: $165,234,1342023
IncomeSpending

Where the income comes from

  • Contributions & grants 0.5%
  • Program services 97%
  • Other 2.7%

Similar-sized charities, same cause

CharityLocationIncome
Lake Region Healthcare CorporationFergus Falls$149.5m
Mount St Marys Hospital of Niagara FallsBuffalo$149.6m
Anna Jaques HospitalCharlestown$149.5m
Genesis Health SystemSilvis$149.7m