Wilcox Health Foundation

Analysis

Wilcox Health Foundation is a registered charity in United States, based in Lihue, HI. It received its IRS tax-exemption ruling in April 1981, 45 years ago. 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, Wilcox Health Foundation reported income of $985k and spending of $1.8m, spending 185% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.3m to $985k (-24%), an average of -6.7% a year. The sharpest change came in the year to June 2020, when income rose by 201%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wilcox Health Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within HI. Charities of a similar size with the same main cause include Big Brothers Big Sisters of the Ozarks Inc ($985k), Chesapeake Care Inc ($985k) and Rose Advocates Inc ($985k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $8.5m against liabilities of $465k, net assets of $8.0m.