Wellbeing Action for Youth Inc

Analysis

Wellbeing Action for Youth Inc is a registered charity in United States, based in Bellingham, MA. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Wellbeing Action for Youth Inc reported income of $3.2m and spending of $2.4m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $887k to $3.2m (+265%), an average of +38% a year. The sharpest change came in the year to June 2022, when income rose by 74%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wellbeing Action for Youth Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Colorado Succeeds ($3.2m), Insight at San Joaquin ($3.2m) and St Johns Christian Academy ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $477k (20% of expenses). Other salaries and wages came to $556k. At year end it held assets of $2.7m against liabilities of $378k, net assets of $2.3m. It reported 14 employees.