Wells for Life

Analysis

Wells for Life is a registered charity in United States, based in Shawnee, KS. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Wells for Life reported income of $390k and spending of $421k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $390k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wells for Life sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within KS. Charities of a similar size with the same main cause include National Young Mens Service League ($390k), Little Lambs Ministry ($390k) and Bay Area Resource for Newcomers ($390k).

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 $66k (16% of expenses). At year end it held assets of $165k against liabilities of $1,374, net assets of $163k. It reported 1 employees.