Wells Community Health Services Foundation Inc

Analysis

Wells Community Health Services Foundation Inc is a registered charity in United States, based in Bluffton, IN. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Wells Community Health Services Foundation Inc reported income of $599k and spending of $1.2m, spending 194% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $421k to $599k (+42%), an average of +9.3% a year. The sharpest change came in the year to June 2021, when income rose by 106%. Over the whole period it spent 158% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wells Community Health Services Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IN. Charities of a similar size with the same main cause include Culver City Rotary Community Foundation ($599k), TD Securities Underwriting Hope Fund Inc ($599k) and Horizon Foundation Inc ($599k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 3.9% of the total. At year end it held assets of $4.3m against liabilities of $0, net assets of $4.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.