Island Health & Wellness Center Inc

Analysis

Island Health & Wellness Center Inc is a registered charity in United States, based in St John, VI. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Island Health & Wellness Center Inc reported income of $1.0m and spending of $777k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $864k to $1.0m (+22%), an average of +5.0% a year. Over the whole period it spent 62% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Island Health & Wellness Center Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 86th percentile within VI. Charities of a similar size with the same main cause include Green Valley Assistance Services Inc ($1.0m), United Stand ($1.1m) and Warren County Community Health Coalition Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $109k (14% of expenses). Other salaries and wages came to $196k. At year end it held assets of $2.5m against liabilities of $5,742, net assets of $2.5m. It reported 4 employees.