Cliff & Norma Wells Foundation

Analysis

Cliff & Norma Wells Foundation is a registered charity in United States, based in Buchanan, VA. It received its IRS tax-exemption ruling in July 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Cliff & Norma Wells Foundation reported income of $214k and spending of $217k, spending 101% of its income. Across the 5 years on record, from November 2019 to November 2023, income fell from $278k to $214k (-23%), an average of -6.3% a year. The sharpest change came in the year to November 2021, when income rose by 44%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Cliff & Norma Wells Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within VA. Charities of a similar size with the same main cause include Wilberforce International Institute ($214k), Alodawpyie Bodhi Sukha Dhamma Meditation Monastery California ($214k) and James Rackley Ministries Inc ($214k).

At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.