Healtheway Inc

Analysis

Healtheway Inc is a registered charity in United States, based in Vienna, VA. It received its IRS tax-exemption ruling in October 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Healtheway Inc reported income of $11.3m and spending of $9.2m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.5m to $11.3m (+75%), an average of +15% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healtheway Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include American Association of Colleges of Pharmacy ($11.3m), Mercy Medical Center Cedar Rapids Iowa Endowment Foundation Inc ($11.3m) and One Mind ($11.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 96% of the total. At year end it held assets of $18.5m against liabilities of $6.1m, net assets of $12.4m.