Overview
What is Walnut Home Therapeutics Inc?
Walnut Home Therapeutics Inc is a specialized nonprofit organization based in Philadelphia, Pennsylvania. Their primary mission is to provide medications in the home setting, facilitating the transition of patients from hospitals or skilled facilities to independent living. They mainly employ intravenous drug delivery methodologies and offer this unique service in support of Thomas Jefferson University Hospitals and other Philadelphia-area hospitals. As a specialty pharmacy, Walnut Home Therapeutics focuses on administering biotechnology-derived medications, which are typically used to treat rare and chronic conditions.
Official website here: www.jeffersonhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%
Walnut Home Therapeutics Inc has earned a Three-Star out of Four Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization scored 81% overall, indicating a strong commitment to financial transparency and effective management practices in its most recent fiscal year (FY2023).
The charity's strengths include perfect scores in several key areas, such as its audit and oversight committee, conflict of interest policies, and whistleblower policies. They have also demonstrated a strong program expense ratio, utilizing all of their expenses for program-related activities, which suggests a focused mission and efficient use of donor funds.
While the organization shows robust accountability measures, the limited scope of the rating—based entirely on one beacon score—might not reflect the full spectrum of its impact or operational effectiveness. Nonetheless, Walnut Home Therapeutics Inc appears to maintain a strong foundation for financial integrity and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Walnut Home Therapeutics Inc legitimate?
Walnut Home Therapeutics Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Walnut Home Therapeutics Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Official website here: www.jeffersonhealth.org
What is the mission statement of Walnut Home Therapeutics Inc?
Walnut Home Therapeutics Inc focuses on delivering medications in the home setting to facilitate the transition of patients from hospital or skilled care facilities to independent living. This specialized service primarily utilizes intravenous drug delivery methodologies, catering to clinically complex patients. The organization functions as a unique specialty pharmacy, offering essential support for treating chronic and rare conditions using biotechnology-derived medications. Through this approach, Walnut Home Therapeutics plays a crucial role in enhancing the overall healthcare experience for patients and enabling them to lead more independent lives.
Official website here: www.jeffersonhealth.org
Who is the CEO of Walnut Home Therapeutics Inc?
Richard J Webster Rn Msn is the Chair & President - Trustee of Walnut Home Therapeutics Inc.
Official website here: www.jeffersonhealth.org
What is the revenue of Walnut Home Therapeutics Inc?
Walnut Home Therapeutics Inc's revenue in 2022 was $80,818,372.
Official website here: www.jeffersonhealth.org
Who are the executives of Walnut Home Therapeutics Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.jeffersonhealth.org
Where can I find the form 990 for Walnut Home Therapeutics Inc?
Walnut Home Therapeutics Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jeffersonhealth.org
Learn more at the official website: www.jeffersonhealth.org
Mission Statement of Walnut Home Therapeutics Inc
Walnut Home Therapeutics Inc is a dedicated organization that delivers medications directly to patients' homes, facilitating their transition from a hospital or skilled care facility to independent living. The organization's primary focus lies in utilizing intravenous drug delivery methodologies for patients with clinically complex conditions, primarily supporting TJUH and other hospitals in the Philadelphia area. Walnut Home Therapeutics functions as a specialized pharmacy, offering a distinct service catering to individuals with rare and chronic conditions. The biotechnology-derived medications they provide play a critical role in managing and improving the health of their patients. The organization's mission is to enable patients to regain their independence and improve their quality of life through the seamless provision of essential medications within the comfort of their own homes.
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Impact
October, 2024
Walnut Home Therapeutics Inc plays a significant role in facilitating the transition of patients from hospital or skilled care environments to independent living. By providing medications directly in the home, primarily through intravenous drug delivery methodologies, the organization supports patients with complex health needs, allowing them to receive necessary treatments in a familiar and comfortable setting.
This service not only alleviates the burden on local hospitals and healthcare systems, including Thomas Jefferson University Hospitals and other Philadelphia area facilities, but it also promotes patient autonomy and improves overall quality of life. With a focus on specialty medications that treat rare and chronic conditions, Walnut Home Therapeutics Inc addresses the unique healthcare challenges faced by clinically complex patients, ensuring they have access to life-saving and essential therapies in a more accessible manner. This approach emphasizes the importance of personalized care and aids in reducing hospital readmissions, ultimately contributing to a more effective and compassionate healthcare continuum.
This information is meant to be a general summary of Walnut Home Therapeutics Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $80,818,372
- Gross Receipts: $80,818,372
Assets and Liabilities:
- Total Assets: $64,111,231
- Total Liabilities: $18,256,035
- Net Assets: $45,855,196
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET PATIENT SERVICE REVENUE
Revenue
$33,696,752
OTHER HEALTHCARE RELATED REVENUE
Revenue
$47,121,620
Organization Details
Founding Year
1990
Phone
(215) 503-8958Principal Officer
Richard J Webster Rn Msn
Main Address
1101 MARKET STREET SUITE 2004, PHILADELPHIA, PA, 19107
Website
www.jeffersonhealth.orgNTEE Category
Code: E92Z - Health
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