Washington Health Institute

Analysis

Washington Health Institute is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2019, 7 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 June 2023, Washington Health Institute reported income of $20.2m and spending of $19.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $391k to $20.2m (+5075%), an average of +168% a year. The sharpest change came in the year to June 2020, when income rose by 1595%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Washington Health Institute sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 93rd percentile within DC. Charities of a similar size with the same main cause include Boston Childrens Network Specialty Physicians Inc ($20.2m), Tanager Place ($20.2m) and Access to Healthcare Network Inc ($20.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $919k (4.7% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $8.5m against liabilities of $6.5m, net assets of $2.0m. It reported 40 employees.