Wellity Education

Analysis

Wellity Education is a registered charity in United States, based in Worthington, OH. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Wellity Education reported income of $198k and spending of $325k, spending 164% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $195k to $198k (+1.5%), an average of +0.4% a year. The sharpest change came in the year to June 2024, when income dropped by 38%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Wellity Education sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Experiments in Opera ($198k), Camron Stanford House Preservation ($198k) and Golden Triangle Theatre ($198k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 44% and program service revenue 54% of the total. Other salaries and wages came to $199k. It paid $3,150 in professional fundraising fees. At year end it held assets of $160k against liabilities of $3,154, net assets of $157k. It reported 3 employees.