Open Source Wellness

Analysis

Open Source Wellness is a registered charity in United States, based in El Cerrito, CA. It received its IRS tax-exemption ruling in October 2016, 10 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 December 2023, Open Source Wellness reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $385k to $1.1m (+183%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Open Source Wellness sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Family Promise of South Sarasota County Inc ($1.1m), Kids Harbor a Ministry of Harrisonburg First Church of the ($1.1m) and F I S H of Orchards Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $153k (14% of expenses). Other salaries and wages came to $588k. At year end it held assets of $457k against liabilities of $8,726, net assets of $449k. It reported 35 employees.