Gadsden Wellness Our Future Inc

Analysis

Gadsden Wellness Our Future Inc is a registered charity in United States, based in Quincy, FL. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Gadsden Wellness Our Future Inc reported income of $521k and spending of $381k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $692k to $521k (-25%), an average of -6.9% a year. The sharpest change came in the year to December 2023, when income rose by 204%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gadsden Wellness Our Future Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Gonville & Caius College-The Caius Foundation ($521k), Forerunner Training Center Inc ($521k) and Foundation for the Advancement of Catholic Schools Inc ($521k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $34k (8.9% of expenses). Other salaries and wages came to $92k. At year end it held assets of $211k against liabilities of $52k, net assets of $159k. It reported 22 employees.