Washington Regional Medical Services

Analysis

Washington Regional Medical Services is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in May 1989, 37 years ago. 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 December 2023, Washington Regional Medical Services reported income of $3.1m and spending of $1.6m, leaving 49% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.5m to $3.1m (+106%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 190%. Over the whole period it spent 39% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington Regional Medical Services sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within AR. Charities of a similar size with the same main cause include Burleson County Fair Association Inc ($3.1m), Brooklyn Bridge Park Conservancy Inc ($3.1m) and The Healthy Start Coalition of Flagler & Volusia Counties Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $44.3m against liabilities of $3.2m, net assets of $41.1m.