The Wellness Plan

Analysis

The Wellness Plan is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in March 1982, 44 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Wellness Plan reported income of $16.9m and spending of $16.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.7m to $16.9m (+0.8%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Wellness Plan sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Guidance Center Inc ($16.9m), Hasc Diagnostic & Treatment Center Inc ($16.9m) and Catholic Health Initiatives Colorado Foundation ($16.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $982k (6.1% of expenses). Other salaries and wages came to $8.6m. At year end it held assets of $25.2m against liabilities of $14.6m, net assets of $10.5m. It reported 203 employees.