Wellstrong Inc

Analysis

Wellstrong Inc is a registered charity in United States, based in East Falmouth, MA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover mental health and crisis intervention, 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, Wellstrong Inc reported income of $367k and spending of $344k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $221k to $367k (+66%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wellstrong Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Golden Triangle Contact Teleministry ($367k), International Society for Antiviral Research ($368k) and Alternative Crisis Pregnancy Center Inc ($367k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 6.7% of the total. Other salaries and wages came to $196k. At year end it held assets of $312k against liabilities of $29k, net assets of $283k. It reported 19 employees.