Cape Wellness Collaborative Inc

Analysis

Cape Wellness Collaborative Inc is a registered charity in United States, based in S Yarmouth, MA. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover health care, 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, Cape Wellness Collaborative Inc reported income of $407k and spending of $540k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $318k to $407k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2022, when income rose by 94%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cape Wellness Collaborative Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within MA. Charities of a similar size with the same main cause include Creative Lifestyles ($407k), Alcohol & Addictions Resource Ctr ($407k) and Green Tree Peer Center ($407k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. Other salaries and wages came to $202k. At year end it held assets of $1.3m against liabilities of $519k, net assets of $784k.