Alleghany Wellness Center Inc

Analysis

Alleghany Wellness Center Inc is a registered charity in United States, based in Sparta, NC. It received its IRS tax-exemption ruling in November 1998, 28 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 (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, Alleghany Wellness Center Inc reported income of $415k and spending of $467k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $374k to $415k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alleghany Wellness Center Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Ehe Foundation ($415k), Senior Services for Northern California ($415k) and Community Health Intervention and Education Foundation Incorporated ($414k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 58% of the total. Other salaries and wages came to $86k. At year end it held assets of $1.6m against liabilities of $50k, net assets of $1.6m. It reported 12 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.