Lake Chelan Health and Wellness Foundation

Analysis

Lake Chelan Health and Wellness Foundation is a registered charity in United States, based in Chelan, WA. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Lake Chelan Health and Wellness Foundation reported income of $51k and spending of $133k, spending 263% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $212k to $51k (-76%), an average of -30% a year. The sharpest change came in the year to December 2021, when income rose by 325%. Over the whole period it spent 224% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Lake Chelan Health and Wellness Foundation sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 14th percentile within WA. Charities of a similar size with the same main cause include Nativity B V M Endowment Fund ($51k), Frances J Bright Womans Club Charitable Foundation ($51k) and Phillips Tee-Off for Tots Foundation ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $2.3m against liabilities of $310, net assets of $2.3m. It reported 2 employees.