Weirton Health Care Inc

Analysis

Weirton Health Care Inc is a registered charity in United States, based in Weirton, WV. It received its IRS tax-exemption ruling in September 1982, 44 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 December 2023, Weirton Health Care Inc reported income of $1.8m and spending of $1.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.0m to $1.8m (-6.9%), an average of -1.8% a year. The sharpest change came in the year to December 2021, when income dropped by 15%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Weirton Health Care Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within WV. Charities of a similar size with the same main cause include Tri County Opportunities Industrialization Center Inc ($1.8m), Urban League of Greater Hartford Inc ($1.8m) and Old Fort Niagara Association Incorporated ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $600 (0.0% of expenses). At year end it held assets of $12.4m against liabilities of $479k, net assets of $11.9m.