B Free Wellness Inc

Analysis

B Free Wellness Inc is a registered charity in United States, based in Dennis, MA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, B Free Wellness Inc reported income of $89k and spending of $100k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $147k to $89k (-40%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, B Free Wellness Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 41st percentile within MA. Charities of a similar size with the same main cause include Sister Domingas and Friends Foundation Inc ($89k), Shepherd Senior Citizens Inc ($89k) and Cultivate Local Food Connections ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 28% of the total. At year end it held assets of $60k against liabilities of $2,031, net assets of $58k.