Innovations Family Wellness

Analysis

Innovations Family Wellness is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in October 2020, 6 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 (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, Innovations Family Wellness reported income of $3.3m and spending of $1.4m, leaving 58% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $324k to $3.3m (+910%), an average of +218% a year. The sharpest change came in the year to December 2023, when income rose by 11644%. Over the whole period it spent 44% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Innovations Family 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 90th percentile, and in the 90th percentile within OK. Charities of a similar size with the same main cause include Star of the Sea Foundation Inc ($3.3m), Healthy Waltham Inc ($3.3m) and Sioux Empire Triage Center ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Other salaries and wages came to $140k. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m. It reported 8 employees.