Wellbeing Collaborative

Analysis

Wellbeing Collaborative is a registered charity in United States, based in Richmond, RI. It received its IRS tax-exemption ruling in January 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wellbeing Collaborative reported income of $193k and spending of $172k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $184k to $193k (+4.6%), an average of +4.6% a year. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wellbeing Collaborative sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 49th percentile within RI. Charities of a similar size with the same main cause include North Wayne County Ambulance Service ($192k), Asociacion Para LA Superacion Del Nino Con Sindrome Down ($193k) and Delta Epsilon Mu ($192k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.