Wellsky Foundation

Analysis

Wellsky Foundation is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Wellsky Foundation reported income of $671k and spending of $784k, spending 117% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $352k to $671k (+91%), an average of +24% a year. The sharpest change came in the year to June 2021, when income rose by 64%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Wellsky Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within KS. Charities of a similar size with the same main cause include Declan Drumm Sullivan Memorial Fund ($671k), Neighbors for Better Neighborhoods ($671k) and Blue Sea Philanthropy USA ($670k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $589k against liabilities of $0, net assets of $589k.