Wellview Care Inc

Analysis

Wellview Care Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in February 2021, 5 years ago. 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, Wellview Care Inc reported income of $4.9m and spending of $4.1m, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $952k to $4.9m (+419%), an average of +419% a year. The sharpest change came in the year to December 2023, when income rose by 419%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wellview Care Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Ocean County YMCA Inc ($4.9m), Celebration Inc ($4.9m) and Elizabeth Freeman Center Inc ($4.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $401k. At year end it held assets of $909k against liabilities of $15k, net assets of $894k. It reported 17 employees.