The Well a Center for Hope and

Analysis

The Well a Center for Hope and is a registered charity in United States, based in Bridgewater, MA. It received its IRS tax-exemption ruling in November 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, The Well a Center for Hope and reported income of $194k and spending of $255k, spending 132% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $181k to $194k (+7.0%), an average of +7.0% a year. Over the whole period it spent 120% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Well a Center for Hope and sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Murray Hill Ministries Inc ($194k), Bartimaeus Ministries Inc ($194k) and Ireach Global ($194k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $47k against liabilities of $3,546, net assets of $43k.