Willing Helpers Medical Inc
EIN: 562602392 · Covington, GA · NTEE: E32
Is Willing Helpers Medical Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Willing Helpers Medical Inc
Willing Helpers Medical Inc (EIN: 562602392) is a nonprofit organization based in Covington, GA, classified under NTEE code E32. The organization reported total revenue of $258K and total assets of $322K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Willing Helpers Medical Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Willing Helpers Medical Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $160K |
| Total Expenses | $270K |
| Surplus / Deficit | $-109,379 |
| Total Assets | $299K |
| Net Assets | $299K |
| Operating Margin | -68.2% |
| Months of Reserves | 13.3 months |
Financial Health Grade: B
In 2023, Willing Helpers Medical Inc reported a deficit of $109K with expenses exceeding revenue, holds 13.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Willing Helpers Medical Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -80.4% | -43.4% | -26.5% |
| 2022 | +349.3% | +146.7% | +510.1% |
| 2021 | +7.6% | +43.1% | -14.7% |
| 2020 | +268.9% | +69.1% | +76.9% |
| 2019 | +19.0% | +80.7% | -43.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Willing Helpers Medical Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Willing Helpers Medical Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $109K, with expenses exceeding revenue.
Frequently Asked Questions about Willing Helpers Medical Inc
Is Willing Helpers Medical Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Willing Helpers Medical Inc (EIN: 562602392) insufficient data. 0 red flags identified, 0 strengths noted.
How does Willing Helpers Medical Inc spend its money?
Detailed spending breakdown data is not yet available for Willing Helpers Medical Inc. Check back for updated IRS 990 analysis.
Are donations to Willing Helpers Medical Inc tax-deductible?
Willing Helpers Medical Inc is registered as a tax-exempt nonprofit (EIN: 562602392). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Willing Helpers Medical Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Willing Helpers Medical Inc's revenue has grown by 242.3%, moving from $47K to $160K. Total assets increased by 207.4% over the same period, from $97K to $299K. Total functional expenses rose by 1016.8%, from $24K to $270K. In its most recent filing year (2023), Willing Helpers Medical Inc reported a deficit of $109K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $160K | $270K | $299K | $0 | — | — |
| 2022 | $816K | $476K | $406K | $0 | — | View 990 |
| 2021 | $182K | $193K | $67K | $0 | — | View 990 |
| 2020 | $169K | $135K | $78K | $0 | — | — |
| 2019 | $46K | $80K | $44K | $0 | — | View 990 |
| 2018 | $38K | $44K | $78K | $0 | — | View 990 |
| 2017 | $7K | $36K | $84K | $0 | — | View 990 |
| 2016 | $33K | $34K | $112K | $0 | — | View 990 |
| 2015 | $42K | $40K | $114K | $0 | — | View 990 |
| 2014 | $33K | $37K | $112K | $0 | — | View 990 |
| 2013 | $30K | $32K | $116K | $0 | — | View 990 |
| 2012 | $48K | $28K | $117K | $0 | — | View 990 |
| 2011 | $47K | $24K | $97K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $160K, expenses of $270K, and assets of $299K (revenue -80.4% year-over-year).
- 2022: Revenue of $816K, expenses of $476K, and assets of $406K (revenue +349.3% year-over-year).
- 2021: Revenue of $182K, expenses of $193K, and assets of $67K (revenue +7.6% year-over-year).
- 2020: Revenue of $169K, expenses of $135K, and assets of $78K (revenue +268.9% year-over-year).
- 2019: Revenue of $46K, expenses of $80K, and assets of $44K (revenue +19.0% year-over-year).
- 2018: Revenue of $38K, expenses of $44K, and assets of $78K (revenue +430.6% year-over-year).
- 2017: Revenue of $7K, expenses of $36K, and assets of $84K (revenue -77.7% year-over-year).
- 2016: Revenue of $33K, expenses of $34K, and assets of $112K (revenue -22.7% year-over-year).
- 2015: Revenue of $42K, expenses of $40K, and assets of $114K (revenue +28.1% year-over-year).
- 2014: Revenue of $33K, expenses of $37K, and assets of $112K (revenue +7.9% year-over-year).
- 2013: Revenue of $30K, expenses of $32K, and assets of $116K (revenue -36.7% year-over-year).
- 2012: Revenue of $48K, expenses of $28K, and assets of $117K (revenue +2.6% year-over-year).
- 2011: Revenue of $47K, expenses of $24K, and assets of $97K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Willing Helpers Medical Inc:
Data Sources and Methodology
This transparency report for Willing Helpers Medical Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.