Buttonwood Healthcare Inc

Analysis

Buttonwood Healthcare Inc is a registered charity in United States, based in Rowley, MA. It received its IRS tax-exemption ruling in December 2021, 5 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, Buttonwood Healthcare Inc reported income of $234k and spending of $12k, leaving 95% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $6.3m to $234k (-96%), an average of -67% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Buttonwood Healthcare Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Split Inc ($234k), Honoring Choices ($234k) and Triangle Aphasia Project Unlimited ($234k).

At year end it held assets of $9.1m against liabilities of $7.6m, net assets of $1.6m.