Wayne Health Corporation

Analysis

Wayne Health Corporation is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Wayne Health Corporation reported income of $837k and spending of $45, leaving 100% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $416k to $837k (+101%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 700%. Over the whole period it spent 6.1% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wayne Health Corporation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within NC. Charities of a similar size with the same main cause include New Directions Center Inc ($837k), Believe Big Inc ($837k) and East Hampton Ambulance Association Inc ($836k).

At year end it held assets of $13.1m against liabilities of $0, net assets of $13.1m.