Wellness Works Inc

Analysis

Wellness Works Inc is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Wellness Works Inc reported income of $57k and spending of $79k, spending 140% of what it took in. Across the 6 years on record, from September 2019 to December 2023, income fell from $89k to $57k (-36%), an average of -8.7% a year. The sharpest change came in the year to December 2023, when income rose by 202%. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wellness Works Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 17th percentile within AK. Charities of a similar size with the same main cause include Peer Based Alliance Charitable Organization a NJ Nonprofit Corp ($57k), Hope Resources ($57k) and Women Within International Ltd ($57k).

At year end it held assets of $0 against liabilities of $0, net assets of $0.

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.