Black River Education and Wellness Foundation

Analysis

Black River Education and Wellness Foundation is a registered charity in United States, based in Avon Lake, OH. It received its IRS tax-exemption ruling in February 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Black River Education and Wellness Foundation reported income of $246k and spending of $154k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $186k to $246k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 50% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Black River Education and Wellness Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within OH. Charities of a similar size with the same main cause include The Panorama Institute of Molecular Medicine ($246k), Boone County Cancer Society Inc ($246k) and Healthcare Extension Promotion and Training Organization Inc ($246k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.9% of the total. At year end it held assets of $4.8m against liabilities of $0, net assets of $4.8m.