Healthways Inc

Analysis

Healthways Inc is a registered charity in United States, based in Weirton, WV. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover mental health and crisis intervention, 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 June 2023, Healthways Inc reported income of $8.4m and spending of $9.7m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.4m to $8.4m (-20%), an average of -5.3% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Healthways Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within WV. Charities of a similar size with the same main cause include Capstone Health ($8.4m), Monsignor Bojnowski Manor ($8.4m) and Center for Comprehensive Health Practice Inc ($8.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.8% and program service revenue 89% of the total. Other salaries and wages came to $3.4m. At year end it held assets of $18.5m against liabilities of $1.2m, net assets of $17.3m.