Well Spring Foundation
Greensboro, North Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $945,355↓28% | $1,322,118↑94% | $11,697,990↑4% | — |
| 2022 | $1,308,920↓39% | $681,565↑28% | $11,257,578↓15% | — |
| 2021 | $2,151,437↑49% | $533,311↑36% | $13,259,937↑17% | — |
| 2020 | $1,446,876↑131% | $391,975↑35% | $11,341,533↑17% | — |
| 2019 | $625,757↑112% | $290,191↓11% | $9,659,220↑15% | — |
| 2018 | $294,889↓73% | $326,568↓5% | $8,382,707↓10% | — |
| 2017 | $1,089,202↑99% | $343,683↓46% | $9,311,733↑9% | — |
| 2016 | $546,524↓29% | $631,876↓3% | $8,534,496↓1% | — |
| 2015 | $774,230↓26% | $648,893↑84% | $8,617,540↓2% | — |
| 2014 | $1,045,449↑268% | $353,538↑57% | $8,827,037↓3% | — |
| 2013 | $283,772↓71% | $225,057↑220% | $9,124,032↑8% | — |
| 2012 | $984,764↑24% | $70,283↓5% | $8,422,820↑15% | — |
| 2011 | $796,029 | $74,180 | $7,314,195 | — |
Frequently Asked Questions
What does Well Spring Foundation do?▼
Well Spring Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in North Carolina. It is classified under NTEE code T30 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Well Spring Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, Well Spring Foundation has a score of 67/100 (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 Foundation generate?▼
Well Spring Foundation reports $1.5M in annual revenue and holds $10.9M in total assets, based on IRS filings.
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