Federal ID# 200413676
Healthwell Foundation
General Information
| Organization Type | CHARITY |
| Contact Person | Alan Klein |
| Address | 20440 Century Boulevard, Suite 250, Germantown, MD 20874- |
| Phone Number | (240) 632-5311 |
| Purpose or Description | To provide premium, deductible, coinsurance, and co-payment assistance (and/or such other forms of assistance determined by HeahtlWell) to eligible patients who meet HealthWell standards for financial need under the program and to obtain prescription drug (or biologic) therapy for the patient's condition. |
| Status | Active |
| Extension | Granted |
Financial Information
For Fiscal Year Ending 12/31/2022
INCOME
| Direct Public Support | $678,100,099 |
| Government Grants | + $0 |
| Other Revenue | + $5,854,413 |
| Total Revenue | $683,954,512 |
EXPENSES
| Amount Spent for Program or Charitable Purposes | $622,826,348 |
| Management/General Expense | + $3,661,400 |
| Fundraising Expense | + $1,043,563 |
| Total Expenses | $627,531,311 |
Excess/Deficit
| Total Revenue | $683,954,512 |
| Total Expenses | - $627,531,311 |
| Excess/Deficit | $56,423,201 |
End of Year Fund Bal/Net Worth
| Total Assets | $538,621,977 |
| Total Liabilities | - $30,879,876 |
| End of Year Fund Bal/Net Worth | $507,742,101 |
