Wellspring Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,034,299 | 3,090,061 | −55,762 | 14.5 | 63% |
| 2012 | 3,043,264 | 3,273,889 | −230,625 | 12.9 | 62% |
| 2013 | 3,335,941 | 3,325,163 | 10,778 | 12.8 | 62% |
| 2014 | 3,872,812 | 3,947,185 | −74,373 | 10.8 | 57% |
| 2015 | 3,973,148 | 3,958,085 | 15,063 | 10.8 | 58% |
| 2016 | 4,427,910 | 4,398,870 | 29,040 | 9.8 | 56% |
| 2017 | 4,495,542 | 4,934,060 | −438,518 | 7.8 | 51% |
| 2018 | 4,758,245 | 5,062,188 | −303,943 | 7.0 | 4% |
| 2019 | 5,218,215 | 5,427,664 | −209,449 | 6.1 | 3% |
| 2020 | 5,490,508 | 5,728,198 | −237,690 | 5.3 | 50% |
| 2021 | 6,404,279 | 5,673,506 | 730,773 | 7.1 | 52% |
| 2022 | 6,332,385 | 6,366,638 | −34,253 | 6.1 | 52% |
| 2023 | 7,796,871 | 6,805,196 | 991,675 | 7.6 | 52% |
In its most recent public year (2023), this organization brought in $991,675 more than it spent. Its reserves stood at about 7.6 months of spending, down from 14.5 in 2011. Staff pay was 52% of spending. $1,631,350 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
Wellspring Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works