Carroll County Wellness Center Inc

Analysis

Carroll County Wellness Center Inc is a registered charity in United States, based in Hillsville, VA. It received its IRS tax-exemption ruling in May 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Carroll County Wellness Center Inc reported income of $743k and spending of $731k, spending 98% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $622k to $743k (+19%), an average of +4.5% a year. The sharpest change came in the year to March 2021, when income dropped by 21%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carroll County Wellness Center Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within VA. Charities of a similar size with the same main cause include Lions Eye Foundation of California Nevada Inc ($743k), Ripplephx Inc ($743k) and Carlsbad Community Anti Drug Gang Coalition Inc ($743k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 20% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $76k (10% of expenses). Other salaries and wages came to $217k. At year end it held assets of $1.5m against liabilities of $1.2m, net assets of $377k. It reported 28 employees.