The Delmarva Community Wellnet Foundation

Analysis

The Delmarva Community Wellnet Foundation is a registered charity in United States, based in Millsboro, DE. It received its IRS tax-exemption ruling in November 2004, 22 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, The Delmarva Community Wellnet Foundation reported income of $130k and spending of $88k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $131k to $130k (-1.2%), an average of -1.2% a year. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Delmarva Community Wellnet Foundation sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 39th percentile within DE. Charities of a similar size with the same main cause include Anchors Aweigh Club Inc ($130k), T Whitehead Recovery Center Inc ($130k) and Aidan Jack Seeger Foundation Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.