Philanthropy & Grantmaking
(T11)
990 on File
WELL-SPRING SERVICES INC
Financial strength (30%)
67/100
Reliability (20%)
50/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$5.0M
Total Revenue
$2.7M
Total Expenses
$64.8M
Net Assets
26
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
99.9%
Fundraising Efficiency
N/A
Operating Reserve
291.58x
Liability-to-Asset
2.8%
Revenue Diversification
54.9%
Executive Compensation
$941K
Compared with Peers
FY 2023
Compared with 7,741 similar organizations
(United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2023.
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
|
99.9% | 91.8% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.1% | 8.1% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 1.9% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
291.6 mo | 80.2 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.8% | 0.0% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
54.9% | 90.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
69.1% | 3.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
29483.7% | 6.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
47.2% | -4.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $5.0M | $2.7M | $64.8M | 99.9% | 26 |
| 2022 | $3.0M | $9K | $10.1M | 0.0% | 0 |
| 2021 | $672K | $0 | N/A | — | 0 |
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