Wellbeing and Education Foundation

Analysis

Wellbeing and Education Foundation is a registered charity in United States, based in Draper, UT. It received its IRS tax-exemption ruling in January 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Wellbeing and Education Foundation reported income of $253k and spending of $311k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $244k to $253k (+4.0%), an average of +4.0% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wellbeing and Education Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within UT. Charities of a similar size with the same main cause include Crossroads Hospice Charitable Foundation ($253k), Friends of Ruwenzori Foundation ($253k) and The Circle Ranch Inc ($253k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,096 against liabilities of $0, net assets of $3,096.