Kelsey Community Wellness Center Foundation Inc

Analysis

Kelsey Community Wellness Center Foundation Inc is a registered charity in United States, based in Lakeview, MI. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kelsey Community Wellness Center Foundation Inc reported income of $176k and spending of $124k, leaving 29% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $176k to $176k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kelsey Community Wellness Center Foundation Inc sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Quicksets Volleyball Club ($176k), St Michael-Albertville Girls Fastpitch Association ($176k) and Juneau Nordic Ski Club ($176k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 53% of the total. Other salaries and wages came to $51k. At year end it held assets of $560k against liabilities of $26k, net assets of $533k. It reported 16 employees.