Wellspring Inc
Mitchell, South Dakota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $3,726,317↑1% | $4,532,362↑19% | $6,046,581↓9% | |
| 2022 | $3,681,953 | $3,812,066↑20% | $6,665,351↓4% | — |
| 2021 | $3,686,076↑53% | $3,173,293↑25% | $6,946,461↓3% | — |
| 2020 | $2,412,554↑7% | $2,543,199↑17% | $7,168,776↑2% | — |
| 2019 | $2,258,303↓45% | $2,181,457↑13% | $7,006,272↑21% | — |
| 2018 | $4,113,855↑79% | $1,924,412 | $5,777,205↑172% | — |
| 2017 | $2,293,082↑28% | $1,918,500↑10% | $2,120,950↑71% | — |
| 2016 | $1,789,424↓6% | $1,744,153↓26% | $1,237,988↓18% | — |
| 2015 | $1,908,966↓13% | $2,371,127↑6% | $1,512,464↓26% | — |
| 2014 | $2,199,195↑14% | $2,232,674↑5% | $2,056,919 | — |
| 2013 | $1,932,922↓6% | $2,127,902↓1% | $2,059,978↓4% | — |
| 2012 | $2,050,927↑3% | $2,151,356↓2% | $2,142,012 | — |
| 2011 | $1,991,369 | $2,185,191 | $2,142,318 | — |
Frequently Asked Questions
What does Wellspring Inc do?▼
Wellspring Inc is a human services nonprofit organization based in South Dakota. It is classified under NTEE code P460 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 62/100 (Grade: B). 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 $3.3M in annual revenue and holds $5.4M in total assets, based on IRS filings.
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