Well Resource Center

Analysis

Well Resource Center is a registered charity in United States, based in Pella, IA. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Well Resource Center reported income of $3.8m and spending of $3.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $3.8m (+101%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Well Resource Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IA. Charities of a similar size with the same main cause include Unlimited Possabilities Inc ($3.8m), East Tennessee Healthcare Holdings Inc ($3.8m) and Anazao Community Partners ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 17% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $3.7m against liabilities of $2.2m, net assets of $1.5m. It reported 15 employees.