Charity Search / WELLSPRING COUNSELING CENTER INC
Mental Health & Crisis Intervention (F60) IRS Verified DX Registered 990 on File

WELLSPRING COUNSELING CENTER INC

EIN: 86-1334555 · PLANO, TX 75074-1704 · United States · FY 2024 Data
4 out of 5 64 / 100 Based on 2+ years of filings
Financial strength (30%) 72/100
Reliability (20%) 45/100
Effectiveness (25%) 75/100
Impact (25%) 60/100
Financial data: FY 2024 · Scored 9/13/2026
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WELLSPRING COUNSELING CENTER INC logo
CharityAI™ Score
Not yet evaluated
Mission Statement

Wellspring Counseling Center is a Texas based 501c3 organization that believes no one should have to face mental health challenges alone because of financial constraints. We provide affordable, professional counseling services on a sliding scale to ensure anyone who needs help can access it. Our vision is a community in which mental health care is affordable and accessible to all.

Financial Overview — FY 2024
$58K
Total Revenue
$52K
Total Expenses
$53K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency N/A
Operating Reserve 12.10x
Liability-to-Asset 0.5%
Revenue Diversification 63.3%
Compared with Peers
FY 2024
Compared with 1,920 similar organizations (United States, Mental Health & Crisis Intervention, under $100K in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
100.0% 80.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
12.1 mo 10.6 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.5% 0.0%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
63.3% 100.0%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
-6.3% -2.1%
P10P90
Expense growth
Year over year expense growth
-35.2% -0.1%
P10P90
Surplus margin
Surplus as a share of revenue
10.0% 7.7%
P10P90
Impact
1 program
Outcome / Program People Served Cost / Service # Completed Duration
This is an estimate of the cost of a total course of counseling for one client. Actual cost varies. 150 $500.00 Per Year
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $58K $52K $53K 100.0%
2023 $62K $80K $47K 60.3%
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Organization Details
EIN
86-1334555
State
TX
City
PLANO
ZIP
75074-1704
Classification
F60
Category
Mental Health & Crisis Intervention
Rating
4★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2020
Foundation Code
15
Form 990
On File
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