Mary Washington Healthcare

Analysis

Mary Washington Healthcare is a registered charity in United States, based in Fredericksbrg, VA. It received its IRS tax-exemption ruling in February 2004, 22 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 December 2023, Mary Washington Healthcare reported income of $188k and spending of $238k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $260k to $188k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mary Washington Healthcare sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within VA. Charities of a similar size with the same main cause include Substance Abuse Coalition of Collier County Inc ($188k), Southern Oregon Foundation Supporting a Cure for Cancer ($188k) and Copper Queen Community Hospital Foundation ($188k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% of the total. Other salaries and wages came to $83k. At year end it held assets of $465k against liabilities of $1,856, net assets of $463k.

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.