Stedman-wade Health Services Inc
Only null% goes to programs Strong reserves
Stedman-wade Health Services Inc is a 501(c)(3) organization based in Wade, North Carolina, registered in 1980, with $8,603,364 in FY2024 revenue. CharityIndex grades it B.
Po Box 449, Wade, NC, 28395 EIN 56-1214119 Since 1980
Revenue (FY2024)
$8.6M
▼ 10.3% vs prior year
Health median: $840K
Expenses (FY2024)
$8.5M
Net assets
$8.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Stedman-wade Health Services Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Stedman-wade Health Services Inc: 12 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Stedman-wade Health Services Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Stedman-wade Health Services Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 449, Wade, NC, 28395
- City
- Wade
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Website
- …
Financial trends
Revenue grew from $2.7M (FY2013) to $8.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $979KNet assets $8.8M
Operating margin
1.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$9.7M
Total liabilities
$979K
Net assets
$8.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $8,603,364▼10.3% | $8,459,040▲10.2% | $8,764,241▲1.7% | $9,742,763▼3.6% | 990 |
| 2023 | $9,589,325▲2.1% | $7,676,489▲5.9% | $8,619,917▲29.8% | $10,102,232▲13.4% | 990 |
| 2022 | $9,387,966▲17.2% | $7,248,692▲19.4% | $6,639,645▲47.4% | $8,909,455▲30.8% | 990 |
| 2021 | $8,008,778▲42.6% | $6,069,032▲9.8% | $4,503,745▲75.7% | $6,811,820▲14.9% | 990 |
| 2020 | $5,617,244▼5.9% | $5,529,023▼12.0% | $2,563,999▲3.6% | $5,929,881▲5.5% | 990 |
| 2019 | $5,967,014▲23.3% | $6,281,869▲33.6% | $2,475,778▼11.3% | $5,621,061▲50.0% | 990 |
| 2018 | $4,839,692▲6.4% | $4,702,436▲22.9% | $2,790,633▲5.2% | $3,747,864▲29.7% | 990 |
| 2017 | $4,546,676▲18.2% | $3,827,475▲5.3% | $2,653,377▲37.2% | $2,890,609▲21.2% | 990 |
| 2016 | $3,847,965▲3.8% | $3,636,204▲16.4% | $1,934,583▲12.3% | $2,384,806▼1.3% | 990 |
| 2015 | $3,706,078▲28.3% | $3,122,764▲3.1% | $1,722,822▲47.9% | $2,415,243▲39.4% | 990 |
| 2014 | $2,888,684▲5.5% | $3,028,608▲0.5% | $1,165,192▼10.7% | $1,732,546▼16.4% | 990 |
| 2013 | $2,738,615 | $3,013,650▲8.2% | $1,305,116▼14.1% | $2,071,865▼10.0% | 990 |
| 2012 | — | $2,785,674▲2.7% | $1,519,402▼9.8% | $2,301,644▼0.1% | 990 |
| 2011 | — | $2,713,137▼0.8% | $1,684,527▲3.3% | $2,303,975▲6.8% | 990 |
| 2010 | — | $2,736,077▲5.2% | $1,630,742▼3.4% | $2,157,107▼6.8% | 990 |
| 2009 | — | $2,600,007 | $1,688,718 | $2,313,660 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $1.6M total
4 grants to Stedman-wade Health Services Inc totaling $1.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $1,400,000 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2019 | $83,981 |
| Direct Relief | Covid19-us | 2019 | $50,000 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2018 | $62,738 |
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Frequently asked questions
- Is Stedman-wade Health Services Inc a legitimate nonprofit?
- Yes. Stedman-wade Health Services Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1214119, based in Wade, North Carolina. Donations are tax-deductible.
- What is Stedman-wade Health Services Inc's EIN?
- Stedman-wade Health Services Inc's Employer Identification Number (EIN) is 56-1214119.
- How much revenue does Stedman-wade Health Services Inc report?
- Stedman-wade Health Services Inc reported $8,603,364 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Stedman-wade Health Services Inc have?
- CharityIndex grades Stedman-wade Health Services Inc B, based on financial health (reserves and operating margin).
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Data for Stedman-wade Health Services Inc (EIN 56-1214119) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.