Windam Hospital Foundation Inc

Analysis

Windam Hospital Foundation Inc is a registered charity in United States, based in Willimantic, CT. It received its IRS tax-exemption ruling in November 2006, 20 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 September 2023, Windam Hospital Foundation Inc reported income of $876k and spending of $225k, leaving 74% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $305k to $876k (+187%), an average of +30% a year. The sharpest change came in the year to September 2020, when income rose by 125%. Over the whole period it spent 33% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Windam Hospital Foundation Inc sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CT. Charities of a similar size with the same main cause include Peoples Family Health Services Inc ($875k), Center for Holistic Development ($876k) and Can Help ($875k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $5.4m against liabilities of $528k, net assets of $4.8m.