PHuman ServicesEIN: 561497371· Ruling Year: 1987

Well Spring Ret Community

Greensboro, North Carolina

BHealth Score
60B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 15 peers in Human Services with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.02×
Peer Median7.39×
💰
$39.9M
Total Revenue
📊
$41.1M
Total Expenses
🏦
$42.1M
Net Assets
📋
$96.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+8.8%
Year-over-year change (2022 → 2023)
Net Margin
-3.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.02
Net assets divided by total expenses
Liabilities-to-Assets
69.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$39,926,0949%$41,111,39311%$138,730,6681%
2022$36,704,6663%$36,925,55410%$137,378,2384%
2021$37,797,71914%$33,551,7398%$143,095,66817%
2020$33,222,2081%$31,177,0912%$121,871,5763%
2019$33,044,54215%$30,588,82117%$118,130,9364%
2018$28,804,24513%$26,125,4145%$113,889,82612%
2017$33,051,02530%$24,996,7647%$101,399,89336%
2016$25,392,3915%$23,438,1841%$74,666,8067%
2015$26,605,5535%$23,678,5484%$69,506,0724%
2014$25,285,45810%$22,665,2147%$67,136,3693%
2013$23,049,7886%$21,198,4622%$65,325,9983%
2012$21,840,2057%$20,768,1193%$63,472,7533%
2011$20,387,725$20,223,326$61,726,054

Frequently Asked Questions

What does Well Spring Ret Community do?

Well Spring Ret Community is a human services nonprofit organization based in North Carolina. It is classified under NTEE code P750 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Well Spring Ret Community financially healthy?

Based on our 9-metric Financial Health Score model, Well Spring Ret Community has a score of 60/100 (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 Well Spring Ret Community generate?

Well Spring Ret Community reports $43.0M in annual revenue and holds $139.1M in total assets, based on IRS filings.

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