Wildwood Sanitarium Incorporated

Analysis

Wildwood Sanitarium Incorporated is a registered charity in United States, based in Wildwood, GA. It received its IRS tax-exemption ruling in September 1943, 83 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wildwood Sanitarium Incorporated reported income of $2.6m and spending of $2.6m, spending 96% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $2.8m to $2.6m (-6.2%), an average of -1.3% a year. The sharpest change came in the year to December 2020, when income dropped by 17%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wildwood Sanitarium Incorporated sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within GA. Charities of a similar size with the same main cause include P V Charter School Inc ($2.6m), Heartland Homes - Options in Community Living Inc ($2.6m) and Charlotte County Homeless Coalition Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $49k (1.9% of expenses). Other salaries and wages came to $594k. At year end it held assets of $3.5m against liabilities of $1.7m, net assets of $1.8m.