Wellspring Inc
Hull, 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 | $2,666,784↑24% | $2,065,777↑25% | $4,230,519↑38% | |
| 2022 | $2,143,691↑7% | $1,647,007↑19% | $3,076,333↓3% | — |
| 2021 | $1,998,896↑9% | $1,383,486↑19% | $3,164,419↑24% | — |
| 2020 | $1,838,948↑67% | $1,163,868↑13% | $2,546,300↑45% | — |
| 2019 | $1,100,914↑4% | $1,034,450 | $1,758,225↓3% | — |
| 2018 | $1,062,398↑12% | $1,032,704↑10% | $1,813,764↓2% | — |
| 2017 | $947,931↑16% | $941,354↑10% | $1,851,919↓7% | — |
| 2016 | $815,914↓17% | $855,797↑4% | $1,990,207↑61% | — |
| 2014 | $977,695↑16% | $819,149↓36% | $1,233,324↑13% | — |
| 2013 | $845,981 | $1,271,190↑51% | $1,087,916↑2% | — |
| 2012 | $843,881↓1% | $843,603↑4% | $1,066,408↓3% | — |
| 2011 | $851,882 | $809,997 | $1,103,185 | — |
Frequently Asked Questions
What does Wellspring Inc do?▼
Wellspring Inc is a human services nonprofit organization based in Massachusetts. It is classified under NTEE code P29Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Wellspring Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Wellspring Inc has a score of 83/100 (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 Inc generate?▼
Wellspring Inc reports $2.1M in annual revenue and holds $4.1M in total assets, based on IRS filings.
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