Walnut Home Therapeutics Inc
91% goes to programs Strong reserves
Walnut Home Therapeutics Inc is a 501(c)(3) organization based in Philadelphia, Pennsylvania, registered in 1996, with $72,236,197 in FY2023 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
1101 Market Street Suite 2004, Philadelphia, PA, 19107 EIN 23-2622006 Since 1996
Revenue (FY2023)
$72.2M
▼ 15.6% vs prior year
Health median: $840K
Expenses (FY2023)
$78.7M
Net assets
$39.6M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating91% to programs
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. For Walnut Home Therapeutics Inc: 91% to programs earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating6 mo reserves · -9% 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 Walnut Home Therapeutics Inc: 6 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
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. For Walnut Home Therapeutics Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Walnut Home Therapeutics Inc: 4 of 5 disclosure signals earns a A 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.
Mission
To provide medications in the home to assist in transitioning patients to independent living.
Contact & location
- Address
- 1101 Market Street Suite 2004, Philadelphia, PA, 19107
- City
- Philadelphia
- State
- Pennsylvania
- Category
- Health Care
- Subcategory
- Nursing & Home Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $21.0M (FY2013) to $72.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $24.6MNet assets $39.6M
Operating margin
-8.9%
Spent more than it raised in the latest fiscal year.
Total assets
$64.2M
Total liabilities
$24.6M
Net assets
$39.6M
Salaries & benefits
$0
0% of expenses
Board members
5
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $72,236,197▼15.6% | $78,696,844▼7.8% | $39,617,894▼14.0% | $64,215,872▲1.3% | 990 |
| 2022 | $85,544,761▲5.8% | $85,321,416▲4.9% | $46,078,541▲0.5% | $63,385,384▼1.1% | 990 |
| 2021 | $80,818,372▲14.0% | $81,332,351▲7.3% | $45,855,196▼1.1% | $64,111,231▼3.8% | 990 |
| 2020 | $70,874,075▼1.4% | $75,777,962▲11.7% | $46,369,175▼9.6% | $66,661,852▲27.6% | 990 |
| 2019 | $71,853,589▲4.6% | $67,831,201▲7.2% | $51,273,062▲8.5% | $52,233,140▲8.7% | 990 |
| 2018 | $68,724,091▲26.7% | $63,251,435▲18.4% | $47,250,674▲13.1% | $48,067,129▲13.2% | 990 |
| 2017 | $54,242,144▲4.6% | $53,399,953▲5.2% | $41,778,018▲2.1% | $42,457,536▲1.0% | 990 |
| 2016 | $51,878,992▲22.6% | $50,765,626▲27.4% | $40,935,827▲2.8% | $42,042,923▲1.7% | 990 |
| 2015 | $42,304,862▲59.3% | $39,845,519▲62.8% | $39,822,461▲6.6% | $41,320,847▲7.7% | 990 |
| 2014 | $26,556,496▲26.5% | $24,474,514▲28.2% | $37,363,118▲5.9% | $38,367,017▲4.8% | 990 |
| 2013 | $20,999,264 | $19,097,563▲0.2% | $35,281,136▲5.7% | $36,622,498▲4.7% | 990 |
| 2012 | — | $19,067,924▲7.1% | $33,379,435▲11.5% | $34,971,286▲11.8% | 990 |
| 2011 | — | $17,797,333▲9.0% | $29,926,731▲10.8% | $31,284,126▲11.7% | 990 |
| 2010 | — | $16,328,662▼0.8% | $27,016,060▲8.6% | $28,017,314▲10.0% | 990 |
| 2009 | — | $16,464,240 | $24,870,961 | $25,479,548 | 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.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Andrew Nathans | Treasurer - Trustee | 55 | — |
| Brian G Swift Pharmd Mba | Trustee | 55 | — |
| Dixieanne P James | Chair & President - Trustee | 55 | — |
| Kevin Kleinschmidtmbarnbsn | Trustee | 55 | — |
| Kristin Barrett Esq | Secretary | 55 | — |
| Mary Beth Edger | Vice President - Trustee | 55 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Thomas Jefferson University | Corporate Svcs | $6,830,658 |
Similar organizations in Health
Health
Elk Regional Health Center
Du Bois, PA
$70.9M
Aannual revenue
Health
St Lukes Hospital-easton Campus
Allentown, PA
$70.8M
C+annual revenue
Health
Magee Rehabilitation Hospital
Philadelphia, PA
$74.0M
Aannual revenue
Health
Doylestown Health Physicians
Doylestown, PA
$74.2M
C+annual revenue
Health
Temple Physicians Inc
Philadelphia, PA
$70.0M
B+annual revenue
Health
Upmc
Pittsburgh, PA
$74.9M
Cannual revenue
Health
American College of Physicians Inc
Philadelphia, PA
$75.5M
Bannual revenue
St Lukes Health Network Inc
Bethlehem, PA
$77.3M
Aannual revenue
- Health
Childrens Health Care Associates of New Jersey PC
Philadelphia, PA
$78.6M
Aannual revenue
Health
Union Community Care
Lancaster, PA
$65.9M
Aannual revenue
Compare Walnut Home Therapeutics Inc
Frequently asked questions
- Is Walnut Home Therapeutics Inc a legitimate nonprofit?
- Yes. Walnut Home Therapeutics Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-2622006, based in Philadelphia, Pennsylvania. Donations are tax-deductible.
- What is Walnut Home Therapeutics Inc's EIN?
- Walnut Home Therapeutics Inc's Employer Identification Number (EIN) is 23-2622006.
- How much revenue does Walnut Home Therapeutics Inc report?
- Walnut Home Therapeutics Inc reported $72,236,197 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Walnut Home Therapeutics Inc's spending goes to programs?
- Walnut Home Therapeutics Inc spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Walnut Home Therapeutics Inc have?
- CharityIndex grades Walnut Home Therapeutics Inc A, based on program efficiency and fundraising cost.
- How much does Walnut Home Therapeutics Inc's highest-paid employee make?
- The highest reported compensation on Walnut Home Therapeutics Inc's latest Form 990 is $0, paid to Andrew Nathans (Treasurer - Trustee).
More nonprofits in Philadelphia
Explore more
Data for Walnut Home Therapeutics Inc (EIN 23-2622006) 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.