Wellness House Foundation Inc

Analysis

Wellness House Foundation Inc is a registered charity in United States, based in Hinsdale, IL. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 2023, Wellness House Foundation Inc reported income of $316k and spending of $687k, spending 217% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $316k (-86%), an average of -39% a year. The sharpest change came in the year to June 2020, when income dropped by 78%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wellness House Foundation Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within IL. Charities of a similar size with the same main cause include Emotions Matter Inc ($316k), The Caring Community Foundation Inc ($316k) and Freedom Farms Regeneration Inc ($316k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $11.7m against liabilities of $0, net assets of $11.7m.

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.