The Mary Wade Home Incorporated
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE NOT-FOR-PROFIT MARY WADE HOME HAS A MISSION TO PROVIDE THE HIGHEST-QUALITY COMPASSIONATE CARE, SENIOR LIVING, AND SERVICES THAT PROMOTE WELLNESS FOR OLDER ADULTS IN GREATER NEW HAVEN. THIS IS ACHIEVED THROUGH A UNIQUE SENIOR CARE CONTINUUM OFFERING BOTH RESIDENTIAL AND COMMUNITY-BASED SERVICES THAT MEET THE NEEDS OF OLDER ADULTS, FAMILIES AND CAREGIVERS. THE CONTINUUM INCLUDES LONG-TERM SKILLED NURSING, SHORT-TERM REHABILITATION, MEMORY CARE, AND AN ADULT DAY CENTER. THE CONTINUUM OF CARE ALLOWS SUPPORT TO INCREASE OR DECREASE, WITHOUT UPROOTING A PERSON FROM THEIR COMMUNITY. LAST YEAR, MARY WADE SERVED MORE THAN 700 INDIVIDUALS AND THEIR FAMILIES.
- Income
- $20.7 million
- Spending
- $18.7 million
- Spent on programs
- 82%
- Reserves
- -4.4 months of spending
- Largest source of income
- fees for its services, 78%
- Employees
- 438
- Volunteers
- 15
- Highest pay
- $374,846, president & ceo
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 47 out of 100. Higher than 26% of charities in its peer group (health care, $10m to $100m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
2 of 20It owes 98% of what it owns.
Living within its means
15 of 15Income exceeded spending by 10% of income.
Income trend
15 of 15Income rose 16% on the year before.
Spending floor
15 of 1582% of spending went to programs and raising each dollar of donations cost 8 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 52% of charities in its peer group (health care, $10m to $100m).
Independent board
25 of 2519 of 19 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $11.8 million spent. MARY WADE'S 94-BED SKILLED NURSING FACILITY OFFERS COMPREHENSIVE, 24/7 MEDICAL MANAGEMENT, WOUND CARE, AND PAIN MANAGEMENT FOR INDIVIDUALS REQUIRING LONG-TERM NURSING ASSISTANCE, AS WELL AS SHORT-TERM REHABILITATION FOR PATIENTS RECOVERING FROM JOINT REPLACEMENT SURGERIES, SURGERY, HEART ATTACK, OR STROKE. THESE SERVICES BRIDGE THE CRITICAL GAP BETWEEN HOSPITAL DISCHARGE AND RETURNING HOME, BY PROVIDING 24/7 MEDICAL MONITORING AND INTENSIVE THERAPIES THAT ARE OFTEN TOO COMPLEX OR DEMANDING TO MANAGE INDEPENDENTLY, DRASTICALLY LOWERING HOSPITAL READMISSION RATES WHILE OPTIMIZING RECOVERY FOR SENIORS IN GREATER NEW HAVEN.
- $2.4 million spent. MARY WADE'S HISTORIC 45-BED RESIDENTIAL CARE HOME PROVIDES LOW-INCOME ELDERLY INDIVIDUALS WITH SAFE, AFFORDABLE HOUSING, MEDICAL OVERSIGHT, AND VITAL SOCIAL ENGAGEMENT. THESE STRATEGIES SERVE TO IMPROVE OUR RESIDENTS' QUALITY OF LIFE, WHILE REDUCING EMERGENCY VISITS AND HOSPITALIZATIONS. ACCESS TO DAILY LIVING SUPPORT (BATHING, DRESSING AND MEDICATION MANAGEMENT) OFTEN PREVENTS MINOR ISSUES FROM ESCALATING TO MAJOR CRISES. THE PROGRAM'S BUILT-IN OPPORTUNITIES TO SOCIALIZE HELP TO REDUCE OR PREVENT ISOLATION, LONELINESS, AND COGNITIVE DECLINE.
- $1.0 million spent. MARY WADE'S MEDICAL MODEL ADULT DAY CENTER OFFERS STRUCTURED MEDICAL OVERSIGHT, REHABILITATION, SOCIALIZATION, PERSONAL CARE, NUTRITIOUS MEALS AND SNACKS, AND DAILY TRANSPORTATION TO AND FROM THE CENTER TO ALLEVIATE THE PHYSICAL BURDEN OF DAILY COMMUTES, ESPECIALLY FOR WORKING FAMILIES WHO ARE CARING FOR AGING RELATIVES AT HOME. THE PROGRAM ALSO PROVIDES SPECIALIZED PROGRAMS AND STAFFING TO CARE FOR OLDER ADULTS WITH MEDICAL CONDITIONS AND THOSE WHO ARE EXPERIENCING ALZHEIMER'S DISEASE AND DEMENTIA.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since June 1934.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.