Well-Being Connections

Analysis

Well-Being Connections is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Well-Being Connections reported income of $122k and spending of $127k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $229k to $122k (-47%), an average of -27% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 73% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Well-Being Connections sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within SD. Charities of a similar size with the same main cause include Douglasville Youth Baseball Association ($122k), Center Moriches Youth Organization Inc ($122k) and Pop Inc ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $119k against liabilities of $1,699, net assets of $117k.