Comwell

Analysis

Comwell is a registered charity in United States, based in Red Bud, IL. It received its IRS tax-exemption ruling in June 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Comwell reported income of $8.2m and spending of $7.5m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $8.2m (+95%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 50%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Comwell sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within IL. Charities of a similar size with the same main cause include Manzanita Outreach ($8.2m), Humangood Foundation ($8.2m) and Pinal-Gila Council for Senior Citizens ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 43% of the total. Other salaries and wages came to $4.4m. At year end it held assets of $5.1m against liabilities of $1.4m, net assets of $3.7m. It reported 193 employees.