Whitman-Walker Institute Inc

Analysis

Whitman-Walker Institute Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Whitman-Walker Institute Inc reported income of $7.0m and spending of $9.0m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $917k to $7.0m (+666%), an average of +66% a year. The sharpest change came in the year to December 2021, when income rose by 316%. Over the whole period it spent 133% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Whitman-Walker Institute Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 83rd percentile within DC. Charities of a similar size with the same main cause include The Gregory Kistler Treatment Center Inc ($7.0m), Creek Valley Health Clinic ($7.0m) and Labette Center for Mental Health Services Incorporated ($7.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $283k (3.2% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $2.6m against liabilities of $9.2m, net assets of -$6.6m.

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.