Skip to the page content
Passes our checks

The Mary Wade Home Incorporated

EIN 06-0662192 · New Haven, CT

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak47 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

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 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    2 of 20

    It owes 98% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 10% of income.

  • Income trend

    15 of 15

    Income rose 16% on the year before.

  • Spending floor

    15 of 15

    82% 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 25

    19 of 19 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports 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)
  1. $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. $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.
  3. $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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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.