Wellesley Neighbors Inc

Analysis

Wellesley Neighbors Inc is a registered charity in United States, based in Wellesley, MA. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2024, Wellesley Neighbors Inc reported income of $51k and spending of $48k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $57k to $51k (-12%), an average of -12% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wellesley Neighbors Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Vitiligo Support International Inc ($51k), Hayestough ($51k) and Casons Place Grief Support for Children and Families ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 21% of the total. At year end it held assets of $80k against liabilities of $131, net assets of $80k.