Hardy County Health and Wellness Center Inc

Analysis

Hardy County Health and Wellness Center Inc is a registered charity in United States, based in Moorefield, WV. It received its IRS tax-exemption ruling in September 2020, 6 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 June 2023, Hardy County Health and Wellness Center Inc reported income of $227k and spending of $240k, spending 106% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $158k to $227k (+44%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hardy County Health and Wellness Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within WV. Charities of a similar size with the same main cause include East Otter Tail County Agricultural Society ($227k), University of Kentucky Hockey Club ($227k) and Alabama Christian Youth Camp ($227k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $47k (20% of expenses). Other salaries and wages came to $35k. At year end it held assets of $718k against liabilities of $2,683, net assets of $715k.

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.