Wellspring Womens Center

Analysis

Wellspring Womens Center is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Wellspring Womens Center reported income of $1.1m and spending of $967k, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $771k to $1.1m (+48%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 29%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Wellspring Womens Center sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Milwaukee Womens Center Inc ($1.1m), Hcso Benevolence Association ($1.1m) and River City Ministry of Pulaski County Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $80k (8.3% of expenses). Other salaries and wages came to $219k. At year end it held assets of $2.0m against liabilities of $72k, net assets of $1.9m. It reported 7 employees.