Well Spouse Association

Analysis

Well Spouse Association is a registered charity in United States, based in Freehold, NJ. It received its IRS tax-exemption ruling in April 1993, 33 years ago. 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, Well Spouse Association reported income of $90k and spending of $65k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $163k to $90k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 51% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Well Spouse Association sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include PTA Oklahoma Congress ($90k), South Carolina Congress of Parents and Teachers ($90k) and Torringford Volunteer Fire Department Inc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 1.9% of the total. At year end it held assets of $235k against liabilities of $0, net assets of $235k.