Well - Center for Hope Inc

Analysis

Well - Center for Hope Inc is a registered charity in United States, based in Wakeeney, KS. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 - Center for Hope Inc reported income of $118k and spending of $106k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $118k (+53%), an average of +53% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 67% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Well - Center for Hope Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within KS. Charities of a similar size with the same main cause include Bethel-Purim ($118k), Relentless Hope Ministries ($118k) and Celebration of Praise Ministries ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $128k against liabilities of $46k, net assets of $82k.