Wellbeing Foundation America Inc

Analysis

Wellbeing Foundation America Inc is a registered charity in United States, based in Williamsville, NY. It received its IRS tax-exemption ruling in June 2019, 7 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 (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, Wellbeing Foundation America Inc reported income of $740k and spending of $1.5m, spending 209% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $698k to $740k (+6.1%), an average of +1.5% a year. The sharpest change came in the year to December 2020, when income rose by 496%. Over the whole period it spent 57% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wellbeing Foundation America Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Madison County Rural Health Council Inc ($740k), Austin Area Mental Health Consumers ($740k) and Bedford Research Foundation Inc ($740k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $4.6m against liabilities of $736, net assets of $4.6m.