Wellspring at the Cross

Analysis

Wellspring at the Cross is a registered charity in United States, based in Combined LCKS, WI. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wellspring at the Cross reported income of $61k and spending of $161k, spending 266% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $61k (-8.2%), an average of -8.2% a year. Over the whole period it spent 250% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wellspring at the Cross sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within WI. Charities of a similar size with the same main cause include Center for Islamic Education ($61k), Telos Project ($61k) and Christian Institute of Islamic Studies ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $333k against liabilities of $904k, net assets of -$572k.