Wellspring Church Ministries

Analysis

Wellspring Church Ministries is a registered charity in United States, based in Cottonwood, AZ. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wellspring Church Ministries reported income of $196k and spending of $203k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $196k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wellspring Church Ministries sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within AZ. Charities of a similar size with the same main cause include Yeru Bon Center ($196k), Everett Jewish Life Center Inchautauqua ($196k) and Calvary Connection Ministries International ($196k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $16k against liabilities of $21k, net assets of -$5,372.