Wellness Collaborative Inc

Analysis

Wellness Collaborative Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in June 2019, 7 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 September 2023, Wellness Collaborative Inc reported income of $59k and spending of $99k, spending 167% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income fell from $139k to $59k (-57%), an average of -58% a year. The sharpest change came in the year to September 2023, when income dropped by 57%. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wellness Collaborative Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 32nd percentile within MA. Charities of a similar size with the same main cause include Camp of Dreams ($59k), Alanas Foundation ($59k) and Hats for Hope ($59k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.