Northeast of the Well

Analysis

Northeast of the Well is a registered charity in United States, based in Costa Mesa, CA. It received its IRS tax-exemption ruling in May 2011, 15 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, Northeast of the Well reported income of $1.1m and spending of $1.2m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $945k to $1.1m (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Northeast of the Well sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Catholic Radio Network Inc ($1.1m), Jewish Studies Enrichment Inc ($1.1m) and SCS Store Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Compensation of current officers, directors and key employees was $112k (9.4% of expenses). Other salaries and wages came to $583k. At year end it held assets of $1.6m against liabilities of $51k, net assets of $1.5m. It reported 26 employees.