Be Well Cafe Corp

Analysis

Be Well Cafe Corp is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 2023, 3 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Be Well Cafe Corp reported income of $581k and spending of $227k, leaving 61% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $115k to $581k (+406%), an average of +125% a year. The sharpest change came in the year to December 2022, when income rose by 169%. Over the whole period it spent 55% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Be Well Cafe Corp sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within MO. Charities of a similar size with the same main cause include Cendel Foundation ($581k), Durham Foundation Annie Watts Hill Fund ($581k) and Franklin Vance Warren Housing of Franklin Co Inc ($581k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $30k (13% of expenses). Other salaries and wages came to $6,176. At year end it held assets of $528k against liabilities of $1,832, net assets of $526k. It reported 2 employees.