WNC Health Network Inc

Analysis

WNC Health Network Inc is a registered charity in United States, based in Asheville, NC. It received its IRS tax-exemption ruling in July 1999, 27 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 September 2023, WNC Health Network Inc reported income of $1.4m and spending of $1.3m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $728k to $1.4m (+98%), an average of +19% a year. The sharpest change came in the year to September 2020, when income rose by 499%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, WNC Health Network Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NC. Charities of a similar size with the same main cause include Association of St Lawrence Comunita Cenacolo America Inc ($1.4m), Godly Play Foundation ($1.4m) and Gildas Club Middle Tennessee ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 32% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $118k (8.8% of expenses). Other salaries and wages came to $293k. At year end it held assets of $4.4m against liabilities of $106k, net assets of $4.3m. It reported 7 employees.