Well

Analysis

Well is a registered charity in United States, based in Peterborough, NH. It received its IRS tax-exemption ruling in September 1969, 57 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Well reported income of $1.9m and spending of $1.9m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.9m (+37%), an average of +8.1% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Well sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within NH. Charities of a similar size with the same main cause include Catholic Urban Programs NFP ($1.9m), Adams County Christian School Inc ($1.9m) and The Greenmount School Incorporated ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $2.5m against liabilities of $1.2m, net assets of $1.3m. It reported 63 employees.