HEALTHWELL FOUNDATION

GERMANTOWN, MD, 20874-9180 (240) 632-5305 Est. 2003 EIN 20-0413676

E99 - Health Care N.E.C. 990 - Public charity return 501(c)(3)

Mission

To ensure that no patient goes without health care because they cannot afford it.

Total Revenue

$911,501,566

Total Expenses

$603,213,244

Net Assets

$875,979,478

296 employees 9 volunteers

From latest filing (tax period ending 2024-12-31)

Operating Reserve

17.4 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 22.8%

Expenses ↓ 16.4%

Revenue Sources

Contributions 97.3% Investment 2.7%

Expense Breakdown

Program 98.5% Management 1.3% Fundraising 0.2%

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$911,501,566 ↑	$603,213,244	$875,979,478
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$742,364,218 ↑	$721,499,830	$556,276,700
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$683,954,512 ↑	$627,531,311	$507,742,101
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$558,747,759 ↑	$452,158,545	$582,119,196
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$437,569,813	$327,823,652	$329,097,327