Wellfield Botanic Gardens Inc

Analysis

Wellfield Botanic Gardens Inc is a registered charity in United States, based in Elkhart, IN. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 December 2023, Wellfield Botanic Gardens Inc reported income of $2.0m and spending of $1.2m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $820k to $2.0m (+144%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 692%. Over the whole period it spent 29% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Wellfield Botanic Gardens Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within IN. Charities of a similar size with the same main cause include Friends of the Cheat Inc ($2.0m), Indian Creek Nature Center ($2.0m) and Corporation for the Conservation of the San Juan Bay Estuary ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 5.8% of the total. Compensation of current officers, directors and key employees was $103k (8.8% of expenses). Other salaries and wages came to $435k. At year end it held assets of $20.9m against liabilities of $612k, net assets of $20.2m. It reported 21 employees.