Wellspring Community Acupuncture

Analysis

Wellspring Community Acupuncture is a registered charity in United States, based in Parker, PA. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wellspring Community Acupuncture reported income of $136k and spending of $137k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $114k to $136k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wellspring Community Acupuncture sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Nr2f1 Foundation ($136k), Empowerment Network Inc ($136k) and Strength for Life Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.