Waterfall Clinic Incorporated

Analysis

Waterfall Clinic Incorporated is a registered charity in United States, based in North Bend, OR. It received its IRS tax-exemption ruling in January 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Waterfall Clinic Incorporated reported income of $17.1m and spending of $13.7m, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.1m to $17.1m (+181%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 48%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Waterfall Clinic Incorporated sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OR. Charities of a similar size with the same main cause include Hatzoloh Incorported ($17.1m), Chestnut Ridge Counsel Services Inc ($17.1m) and Boston Va Research Institute Inc ($17.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $989k (7.2% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $17.1m against liabilities of $7.6m, net assets of $9.4m. It reported 140 employees.