Wellspring Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,097,471 | 4,154,414 | −56,943 | 0.4 | 57% |
| 2021 | 4,434,002 | 4,195,758 | 238,244 | 1.0 | 60% |
| 2022 | 5,083,421 | 4,948,326 | 135,095 | 1.2 | 62% |
| 2023 | 6,076,512 | 6,222,406 | −145,894 | 0.7 | 62% |
In its most recent public year (2023), this organization spent $145,894 more than it brought in. Its reserves stood at about 0.7 months of spending. Staff pay was 62% of spending. $35,000 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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