Wellspring Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 5,934,063 | 5,650,517 | 283,546 | 13.6 | 65% |
| 2022 | 5,676,810 | 5,952,498 | −275,688 | 11.2 | 66% |
| 2023 | 7,248,521 | 6,747,457 | 501,064 | 11.4 | 66% |
In its most recent public year (2023), this organization brought in $501,064 more than it spent. Its reserves stood at about 11.4 months of spending, down from 13.6 in 2021. Staff pay was 66% of spending. $1,217,140 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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