Wells4wellness

Analysis

Wells4wellness is a registered charity in United States, based in Murray, UT. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Wells4wellness reported income of $314k and spending of $209k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $203k to $314k (+55%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 75% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Wells4wellness sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within UT. Charities of a similar size with the same main cause include International Ministry of Jesus Inc ($314k), Iraqi Childrens Hope ($314k) and Orbit Village Project Inc ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $253k against liabilities of $717, net assets of $252k.