Well-Being Center of Colorado

Analysis

Well-Being Center of Colorado is a registered charity in United States, based in Englewood, CO. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Well-Being Center of Colorado reported income of $235k and spending of $211k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $526k to $235k (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income dropped by 47%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Well-Being Center of Colorado sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within CO. Charities of a similar size with the same main cause include Transitional Housing & Work Programs of Davidson Co ($235k), Inspiracion Inc ($235k) and Spring Grove Area Scholarship Fund ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $92k (44% of expenses). At year end it held assets of $35k against liabilities of $3,942, net assets of $31k. It reported 1 employees.