Wellness Place

Analysis

Wellness Place is a registered charity in United States, based in Wenatchee, WA. It received its IRS tax-exemption ruling in October 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Wellness Place reported income of $221k and spending of $170k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $235k to $221k (-6.3%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income rose by 296%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wellness Place sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within WA. Charities of a similar size with the same main cause include Traumatic Brain Injury Resource Center ($221k), Digital Forensic Research Workshop Inc ($221k) and Musician Treatment Foundation of Austin Texas Inc ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $21k (13% of expenses). At year end it held assets of $730k against liabilities of $7,593, net assets of $722k. It reported 4 employees.