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Federal ID# 200413676

Healthwell Foundation

    • Bright Stars of Bethlehem
    • NFP

General Information

Organization Type CHARITY
Contact Person Alan Klein
Address 20440 Century Boulevard, Suite 250, Germantown, MD 20874-
Phone Number (240) 632-5312
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 None

Financial Information

For Fiscal Year Ending 12/31/2023

INCOME
Direct Public Support$730,901,028
Government Grants+ $0
Other Revenue+ $11,463,190
Total Revenue$742,364,218
EXPENSES
Amount Spent for Program or Charitable Purposes$715,771,217
Management/General Expense+ $4,489,443
Fundraising Expense+ $1,239,170
Total Expenses$721,499,830

Excess/Deficit
Total Revenue$742,364,218
Total Expenses- $721,499,830
Excess/Deficit$20,864,388
End of Year Fund Bal/Net Worth
Total Assets$637,832,771
Total Liabilities- $81,556,071
End of Year Fund Bal/Net Worth$556,276,700

Financial Information for Prior Years


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