Sitting Well at the Well Inc

Analysis

Sitting Well at the Well Inc is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover mental health and crisis intervention, 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, Sitting Well at the Well Inc reported income of $365k and spending of $365k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $365k (+264%), an average of +264% a year. The sharpest change came in the year to December 2023, when income rose by 264%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sitting Well at the Well Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include Bens Ranch Foundation Inc ($365k), Prancing Horse Inc ($365k) and Gestalt Center for Psychotherapy and Training ($364k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. At year end it held assets of $18k against liabilities of $4,278, net assets of $14k.