Sims Training and Wellness Center Inc

Analysis

Sims Training and Wellness Center Inc is a registered charity in United States, based in Kannapolis, NC. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Sims Training and Wellness Center Inc reported income of $158k and spending of $161k, spending 102% of its income. Across the 6 years on record, from December 2016 to December 2023, income grew from $115k to $158k (+37%), an average of +6.5% a year. The sharpest change came in the year to December 2019, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sims Training and Wellness Center Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Casa de Recuperacion Para Alcoholicos Inc ($158k), The Porter-Starke Services Foundation Inc ($158k) and Spinal CSF Leak Foundation ($158k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $48k (30% of expenses). Other salaries and wages came to $46k. At year end it held assets of $4,461 against liabilities of -$30k, net assets of $35k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.