Wellspring House Inc
Gloucester, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
12 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,987,734↑18% | $2,952,397↑14% | $3,410,540 | |
| 2022 | $2,538,599↓12% | $2,589,694↑2% | $3,414,506↓5% | — |
| 2021 | $2,898,885↑25% | $2,535,203↑5% | $3,606,829↑11% | — |
| 2020 | $2,327,157↓5% | $2,423,306↑4% | $3,260,333↑9% | — |
| 2019 | $2,456,980↑15% | $2,334,392↑4% | $2,998,010↑6% | — |
| 2018 | $2,129,127↓16% | $2,248,487 | $2,817,387↓3% | — |
| 2017 | $2,524,883↑17% | $2,256,799↑12% | $2,902,876↑6% | — |
| 2016 | $2,156,777 | $2,017,958↑17% | $2,728,840↑6% | — |
| 2015 | $2,154,136↑24% | $1,721,990↑22% | $2,585,660↑24% | — |
| 2014 | $1,733,005↑23% | $1,415,792↑4% | $2,087,223↑24% | — |
| 2013 | $1,406,874↑8% | $1,360,852↑10% | $1,684,703↑4% | — |
| 2012 | $1,299,286 | $1,241,830 | $1,621,459 | — |
Frequently Asked Questions
What does Wellspring House Inc do?▼
Wellspring House Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P430 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Wellspring House Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Wellspring House Inc has a score of 81/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Wellspring House Inc generate?▼
Wellspring House Inc reports $4.8M in annual revenue and holds $3.7M in total assets, based on IRS filings.
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